Insurance coverage
Our insurance division, Skholl, provides expert Risk Management Assessments to protect the value of your cargo during its import, export, and inland transportation. We offer All-Risk Insurance which is the widest and most complete type of door-to-door coverage for multi-modal, multi-carrier shipments. This coverage insures 100% of your cargo value, regardless of the weight or piece count, and can even include local and international shipments. To give you a clear understanding of carrier liability vs all-risk insurance let’s say we have a shipment weighing 110 lbs (50 kg), with a cargo value of US $20K.
What does the insurance cover?
![What-does-the-insurance-cover-Jun-29-2021-08-35-29-31-PM What-does-the-insurance-cover-Jun-29-2021-08-35-29-31-PM](https://info.heyprimo.com/hubfs/What-does-the-insurance-cover-Jun-29-2021-08-35-29-31-PM.png)
Carrier liability vs all-risk insurance example
![carrier-liability-vs-all-risk-insurance-3 carrier-liability-vs-all-risk-insurance-3](https://info.heyprimo.com/hubfs/carrier-liability-vs-all-risk-insurance-3.png)
Carrier liability is determined by international conventions and treaties that vary depending on the shipping mode.
Benefits of shipping with insured cargo
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Protect 100% of your cargo value + freight charges & taxes in all transportation modes (inland, maritime, or air) all the way from origin to destination.
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Prevent your company from unexpected events, such as weather issues, accidents, and others.
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Protect your company's interests by ensuring a successful supply chain process.
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Support your business with expert advice during the claim process.
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Your insurance claim is based on the total loss value and the conditions of the insurance policy, meaning that the liability is not limited to the weight of the cargo.
How can I insure my cargo?
You can do it two ways
![TMS-3](https://info.heyprimo.com/hs-fs/hubfs/TMS-3.png?width=320&height=250&name=TMS-3.png)
![Mail](https://info.heyprimo.com/hs-fs/hubfs/Mail.png?width=320&height=250&name=Mail.png)
If you need to ensure international shipments, send us an emal at: insurance@lfs-inc.com
![what-do-i-need-when-insuring-Jun-30-2021-08-29-01-52-PM](https://info.heyprimo.com/hubfs/what-do-i-need-when-insuring-Jun-30-2021-08-29-01-52-PM.png)
What do I need when insuring?
You can ensure any shipment instructed with us, for both international or inland USA destinations. It's easy!
- Cargo's value
- Cargo's origin and destination
- Cargo's weight
- Cargo's type
- Beneficiary = Cargo owner
- Beneficiary's location (country)
*If there is any information in the BOL, we will take it from there.