risk surcharge

It is a provision from the company for the benefit of the customer to protect against the transit risks when the goods are not insured by consignor. The coverage is extended if customer chooses to avail the provision by paying the conditional risk coverage charges. This should not be interpret as insurance cover as risk surcharge cover will have only a limited liability on the part of the company subject to the terms and conditions laid out.

  • Whenever the risk charge will paid by consignor, It will be charge 2 % on the declared value of consignment.
  • In case of lost and damaged shipment due to natural reason, Company will not be liable to pay against any claim in that category.
  • Consequential losses of any kind will not be considered.
  • Over and above the maximum value limits the consignments should carry the insurance cover by the consignor as mandatory requirement.
  • Consignments stole or lost at the time of delivery under not come in claim process.