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Authorization to Bank Release of Financial Information |
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3rd Party Carrier’s Limits of Liability
(A delay is described as anything over 48 hours in transit.)
- For domestic shipments Carrier’s maximum liability will be $.50 cents per pound/per shipment (but not less then $50.00 per shipment) and for international shipments $9.07 per kg; unless the shipper declares a higher value (for an additional charge) on the air waybill at the time the shipment is tendered to the carrier.
- For an additional charge the Shipper may declare a higher value for coverage, which will allow them to collect full value for the product. This coverage will only protect the shipper in the event that there is a delay in excess of 48 hours in transit or clear negligence by the domestic carrier.
I do not want additional coverage on any of my shipments and am willing to accept Commodity Forwarders and the airlines maximum liability of $.50 per pound / per shipment.
I choose to accept additional coverage at my expense and will advise value at time of booking. Declared value will be anywhere between $.65 and $1.50 per $100.00 declared depending on airline.
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Commodity Forwarders Limits of Liability
- Commodity Forwarders maximum liability will be $.50 cents per pound/per shipment (but not less then $50.00 per shipment if the claim value does exceed $50.00), unless the shipper declares a higher value (for an additional charge - $1.00 per $100.00) at the time the shipment is booked with CFI.
- For an additional charge the Shipper may declare a higher value for coverage, which will allow them to collect full value for the product in the event of a claims resulting from a CFI provided handling service not including a claim that results from a delay or negligence by a steamship, airline or trucking carrier that CFI coordinates on your behalf.
I do not want additional coverage on any of my shipments and am willing to accept Commodity Forwarders maximum liability of $.50 per pound / per shipment.
I choose to accept additional coverage at my expense and will advise the value at the time of booking. Declared value will be billed at a rate of $.90 per $100.00 declared at time of booking. Commodity Forwarders does reserve the right to refuse coverage on a specific shipment at any time and will do so in writing if the situation arises.
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Contact Info 1 |
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