Important Notice!

Dear Policyholder; due to the loss in value of the Turkish Lira, we kindly ask you to apply to our agencies and branches to bring the values of your 'Motor, Home and Business Insurance Policies' up to date.

Shipping Insurance

Shipping Insurance

Shipping is safer with us!

Shipping is safer with us!

With Shipping Insurance, all goods transported from one place to another are safe, be it via ship, truck, plane, or train!

Shipping Insurance protects all goods being shipped via any type of transport throughout its shipping duration in the event that your shipped goods incur physical damage due to an accident under the clauses in the terms of your valid policy. Shipping Insurance covers your goods in case of the total loss of value due to loss or damage or receiving damage to a degree that the goods cannot be restored to its original condition. It also provides supplementary coverage in case of an accident incurred by the shipping vehicle, which may cause partial damage to your cargo.

With Shipping Insurance All Risk Cover, you may expand your coverage.

What securities are provided within the shipping duration?

We are well informed about the hardships during the shipment of corporate or private goods and their value! This is why protecting them with Shipping Insurance is the best solution to your troubles. Shipping Insurance protects your cargo against complete or partial destruction due to crashing, capsizing, or collisions.

Shipping Insurance covers your goods based on a legal shipping contract between you and your carrier. It is required for the vehicle transporting your goods to have the necessary specifications to do so. Within these terms, you can protect your shipping duration with the option of having Total-Loss Cover and All Risk Cover.

What risks are covered during the shipping process?

  • Fire and Explosions
  • Washing off on shore / Overturning
  • Overturning/Derailment
  • Barratry
  • Collision with Another Vessel
  • Potential Damages at Dangerous Ports
  • Damages due to Loading/Transfer and Unloading
  • Sea Accidents
  • Averageness
  • Damages due to Cargo Going Overboard

Clauses:

  • Institute Cargo Clauses (C)
  • Institute Classification Clauses (1.1.2001 CL.354)
  • Institute Cyber Attack Exclusion Clause (10.11.2003 CL.380)
  • Political Risk, Financial Guarantee and Credit Risk Exclusion Clause
  • Institute Radioactive Contamination, Chemical, Biological, Biochemical Electromagnetic Weapons Exclusion Clause (10.11.2003 CL.370)
  • Electronic Date Recognition Approval C
  • Termination of Transit Clause (Terrorism)
  • The insurance covers goods being shipped overseas or lakes, under the terms and conditions of ‘cargo shipping’.
  • Right to Revocation Clause (Subrogation of Rights Article-Cargo)

What coverage can be added to this insurance?

  • Institute Cargo Clauses (A)
  • All risks during packaging/handling
  • All risks of Shipment from Start-Finish

You might be wondering...

What must I pay attention to when getting Shipping Insurance?

To choose the most suitable and comprehensive policy for you, carefully examine the guarantees, exemptions, special conditions, and coverage limits of each policy.

Is Shipping Insurance obligatory?

Shipping Insurance is not obligatory insurance however, you never know what you may face when transporting valuable goods from one place to another. For this reason, we advise you to protect your cargo with Shipping Insurance.

What protection do I get with Shipping Insurance?

You can protect your goods against various risks. By insuring your goods during shipping, you can minimize your losses if they were to incur damages. To view the full warranty of Shipping Insurance, you may refer to the section “What Risks Are Covered during the Shipping Process?”.

What supplementary coverage can I add to this product?

You can customize your Shipping Insurance by adding various clauses to your policy. To view the full list of supplementary coverage, you may refer to the section “What Coverage Can Be Added to this Insurance?”.

Who can purchase Shipping Insurance?

Any corporate or private entity listed under the policy can get Shipping Insurance.

In case of damages, what documents will my insurance company request from me?

The documents required by the insurance company in case of damage are a statement of request, original bill of loading, original receipt, original customs certificate, original loading itinerary, Form TIB1, original insurance policy, and official protest documents against the carrier.

Will it cover me during the shipping of vehicles with fake number plates?

Shipping Insurance does not cover vehicles with fake number plates, motors, or frames.

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Home Package Insurance

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Our House Insurance covers your building and contents for any possible damage given by natural hazards such as fire, theft, earthquake lightning and many more. You may apply now and get your cover started!

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