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Loss preventionTransport and insurance via Lufthansa Cargo (LCAG)
Air cargo shipments of any kind - even flash shipments - may be insured on a worldwide basis via the Lufthansa Cargo air waybill within the terms and conditions of the open policy concluded between Lufthansa Cargo and Delvag.Highlights of the cover are:
all-risks cover specifically tailored to air cargo risks;
- insurance door-to-door;
- storage in transit for up to 30 days included at no extra cost;
- maximum sum insured per shipment amounts to € 500,000.00 or the equivalent in a foreign currency;
- higher limits available on request;
- substantiation by entry of the sum insured and insurance premium in the Lufthansa Cargo airway bill;
- insurance certificates are issued by all LH Cargo freight offices on request without additional costs;
- disbursements can be arranged without bureaucracy and quickly by the LH Cargo freight offices during settling of claims.
Insured risks
Delvag provides coverage against all risks - excluding those mentioned below - to which the goods are exposed during the insured period (all-risk cover). Delvag will indemnify for loss of or damage to the goods as a result of any of the insured risks.
Exclusions
- war, civil war or warlike events as well as strikes, lockouts, labour disturbances, terrorist or political acts of violence, riots and other civil commotions. However, inclusion is possible - please contact us
- confiscation, seizure and other acts of authorities
- insolvency and default in payment by the carrier or forwarder or other financial disputes
involving the aforementioned parties
- moreover, loss, damage or expence caused by
- nuclear energy,
- delay,
- inherent vice or nature of the goods,
- ordinary shortage, shrinkage defined by quantity, measure and weight,
- normal atmospheric humidity or ordinary temperature fluctuations,
- lack of packaging sufficient to withstand usual stress of transportation
- breakage of tubes or threads (unless caused by fire, lightning, explosion or by accident of the means of conveyance),
- indirect, consequential damage or expense of all kinds for example cost resulting from loss of production, decrease in mercantile value, loss of interest and losses on exchange rates,
- scratches, abrasion and other damages to the finish of used cars/motorcycles.
