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 packages
$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