Key Points for Interpreting High-Value Air Freight Insurance Clauses

Key Points for Interpreting High-Value Air Freight Insurance Clauses

Interpret air freight insurance clauses by focusing on:

• Insurance Liability: Covers accidents like aircraft collisions, crashes, or loading/unloading damage.
• Exclusions: Natural wear, inherent vice, or intentional acts of the insured are typically excluded.
• Claims Handling: Specifies compensation calculation (actual loss vs. insured amount) and required documents.
• Policy Period: Ensure coverage spans from warehouse departure to destination arrival, matching the air transport timeline.