|
Gather the following
information and email it to:
mike.miller@allcovered.net
We will normally have an answer for you in one or two business
days. Sometimes we can answer in just an hour. It depends on the
risk. |
| BE DETAILED: |
The more information Underwriters
have, the more they can understand your risk and the more likely
they are to be able to give you a quick answer.
If there are gaps in information it hurts your chances of getting
an answer. |
| INTEREST: |
What is it? |
| PACKING: |
How is it packed?
What is the size of the box(es)?
If you can show pictures it helps. |
| SUM INSURED: |
What is it worth?
Keep in mind that in case of a claim, proof of valuation from an
itemized valued Inventory, a
recognized Surveyor, Assayer, Assessor or the like will be
required. |
| DATE(S) OF MOVEMENT: |
When will the goods begin moving or loading? |
| LENGTH OF MOVEMENT: |
How long do you think this shipment(s) will take? |
| TYPE OF SHIPMENT: |
Is it moving FCL, LCL, Breakbulk or a
combination? |
| METHOD OF SHIPMENT: |
Moving by Truck? Ocean? Air? Rail?
A combination? |
| VALUABLE DECLARATION: |
Has this been declared to carrier(s)
as "High Value" with instructions to place in secured area at all
times? |
| FROM |
Insurance begins where? |
| TO: |
Insurance ends where? |
| SECURITY: |
If you are shipping special
high-value items prone to theft, what security
precautions are you taking?
Be very specific.
What company (ies) is/are providing the security? |
| EXPERIENCE: |
Have you moved things like this before?
Has the Shipper? |
| LOSS HISTORY: |
Has this Shipper had losses in the past?
Have you had losses with this type of goods in the past?
It is good if you can give a 3-year Loss History and the insurance
Premium you or your Shipper paid for moving this type of goods in
the past.
You are legally bound
to report any prior losses. If you do not, this is called a
"Material Breach" and voids the insuring contract.
It helps if you
explain any prior losses. |
| INSURANCE CONDITIONS REQUESTED: |
What type of coverage do you need?
Can you be flexible with the deductible or terms?
Do you need several options? |
EXACT
WORDINGS NEEDED?: |
Does a Letter of Credit or government entity have exact
wordings for the type of insurance requested?
If so, we need that
exact wording. |
| ADDITIONAL INFORMATION: |
Underwriters insure against the unknown. The more you can tell
us about the goods moving or the company moving them or provide a
narrative about how this will move, the better. |
Gather all the
information and get it to us with as much advance notice as you
can. We have been fortunate to turn around some large special
coverage programs in a few hours, but it usually takes one or two
working days.
Expect Underwriters to come back to you with questions.
Underwriters are risking their money. They want to be sure they
understand the risk.
If you or your Shipper are slow providing information
or provide incomplete information, the natural reaction of an
Underwriter is to suspect something is being hidden from them.
Provide as much information as you can, fully and
completely.
If Underwriters have to ask again and again for
complete information it slows the process and Underwriters may
reevaluate the risk.
Underwriters are paid to "find the cloud in every
silver lining," so don't take it personally when they ask a LOT of
questions. It's their job. |
|
Gather the
information above and email it to:
mike.miller@allcovered.net
We will normally have an answer for you in one or two business
days. Sometimes we can answer in just an hour. It depends on the
risk. |
