Insurance Disclosure Information

Insurance offered By GLI is .30 Per 100 Value we insure for 110% as is customary

• Goods Insured: Dry & clean scrap metals in bulk
• WARRANTED Clean scrap only, no borings or turnings
• WARRANTED no shipments to be moved vial vessels destined for breakup at the end of the voyage
• Valuation: Valued at amount of invoice, including all charges, included in the invoice and including prepaid, advanced and/or guaranteed freight plus 10%;
• Limits of Liability: $500,000 Any one vessel or connecting conveyance or any one place at any one time while in due course of transit;
• $50,00 On Deck subject to On Deck Bill of Lading;
• $500,000 Any one aircraft or connecting conveyance;,
• $N/A Any one package by international registered or certified mail or parcel post, but not to exceed any one conveyance limit listed below regardless of the number of package
• $N/A Any one barge, but not to exceed
• $N/A Any one tow regardless of the number of barges
• $N/A Any one international package via private parcel delivery service, but not to exceed
• $N/A Any one conveyance regardless of the number of packages.
• Policy Forms, Terms & Conditions: As per Insurance Company’s Cargo Policy Form
  Free of Particular Average unless caused by the vessel being stranded, sunk, burnt, on fire, or in collision, but including jettison and/or washing overboard irrespective of percentage, but excluding nevertheless, the risks of War, Strikes, riots, seizure, detention and other risks excluded by the F.C.&S. (Free of Capture & Seizure) Warranty and the S.R.&C.C. (Strikes, Riots and Civil Commotions) Warranty in this policy, unless otherwise provided for herein.
• WARRANTED Clean scrap only, no borings or turnings
• WARRANTED no shipments to be moved vial vessels destined for breakup at the end of the voyage
  Deductibles: $2,500 each loss/occurrence