Choosing good insurance is directly related to the type of transport, the merchandise and the risk borne by the sale and purchase. The latter is regulated in the Incoterms terms used in international trade and, for this reason, it is important to know what implications they have in sale and purchase transactions.

continental worldwide logistics offers you the possibility of contracting your transport insurance through our insurer.

In the most common coverages of insurance policies, we can find these basic coverages: accidents (rollovers, sinkings or derailments), general average, grounding, collisions, loss, theft, etc. In these cases, the amount of the merchandise salvage expenses could also be covered. For more specific coverages, clauses created for more specific cases are used as a model. The most important internationally are the Institute Cargo Clauses, developed by the Insurance Institute of London.

The most widely-used are:

  • Type A ICC: These are all risk or damage coverages, with some exceptions, such as those caused by attrition, inadequate packaging, delays, insolvencies, wars or strikes, for which additional coverage can be arranged.
  • Type B ICC: These focus on risks related to fires, explosions, collisions, boardings, rollovers, breakdowns, loss of value due to wave actions during loading and unloading and losses during transport, and they have the same exceptions as the previous ones.
  • Type C ICC: These have characteristics similar to Type B ICC, although with fewer coverages. For example, losses caused by the entry of water during loading and unloading or losses of merchandise are excluded

continental worldwide logistics offers advice on all aspects related to foreign trade, both import and export.

Our advisory services:

  • Directorate General of Foreign Trade: processing of licenses, surveillance documents, authorisations of active and passive improvement regimes
  • Customs: processing of imports, exports, and transits
  • Non-customs agencies: pre-import/export inspections and authorisation by the corresponding bodies (Health, Pharmacy, SOIVRE, Veterinary and Phytosanitary) of telematic inspection requests
  • Warehouses under customs control:
    • Temporary storage facilities (ADT)
    • Licensed Premises for Export Goods (LAME)
    • Public Customs Warehouse (DAP)
    • Private Customs Warehouse (DDA) for certain operations
  • Customs authorisations:
    • Authorisation to process requests for import, export and transit shipments telematically (EDI)
    • Freight sender/receiver authorisation
  • Authorised economic operator (AEO): accreditation granted by the tax agency (15/04/2013) at its highest degree (OEAF), which includes the sections on customs simplification, protection and security. It offers, among other things, the advantages of streamlining the document processes and the possibility of requesting a centralised customs clearance, allowing the dispatch of the merchandise in a single customs house, regardless of the point of entry into the country
  • Intrastat
  • Advice and assistance with customs inspections
  • Incoterms
  • Letters of credit
  • Dangerous goods, perishables, packaging, special measures
  • Transportation contracts, AWB, BL, SEAWAYBILL, CART CARDS, etc
  • Aspects in current transport legislation