Temporary Transit & Storage Insurance
Temporary transit & Storage Insurance
a.k.a Marine or Cargo Insurance
CIB offers Temporary Transit & Storage Insurance that addresses the unique risks and exposures of ATA carnet equipment and merchandise. It fills gaps that frequently exist in domestic insurance policies and policies that might be available using a freight forwarder. Recent changes in the available coverage include: door-to-door protection and coverage for terrorism and war.
Not all commercial insurance policies continuously cover goods in transit or storage outside the US.
Carnet Temporary Transit & Storage Insurance Advantages
- Coverage is provided while in transit to, between, or temporarily stored in participating Carnet countries. Carnet risks are unique since this merchandise is often in transit or storage and is only temporarily out of the country. (Refer to a sample certificate of insurance for details of coverage.)
- Pay only for the coverage needed. Premium varies based on the value of the general list and the number of temporary importations. You don’t pay for coverage in countries you don’t travel to. See sample certificate for rates.
- Responsive and knowledgeable assistance is always available in the event of a claim. CIB represents experienced, reliable multinational insurance companies including Lloyd's of London. All CIB Customer Service and Sales Representatives are licensed insurance brokers. Additionally, CIB has a 35-year veteran of the cargo insurance industry, Steve Connor, on staff at our cargo insurance division, Wyvern International Insurance Brokers.
For more information contact a Customer Service and Sales Representative at the CIB Carnet HelpLine℠: (800) ATA-2900 / (800) 282 -2900 or e-mail us.
Corporation for International Business offers easy-to-obtain temporary insurance coverage for both commercial samples and professional equipment traveling overseas under an ATA Carnet.