FRESH FRUIT AND VEGETABLES COVER

Our partners have an extensive wording that has been written specifically for the insurance of fresh fruit and vegetables (excluding bananas), which includes extensions to the All Risks coverage, details as per the below summary.

The wording agreed by our market allows for All Risks coverage with the following coverage extensions:

"Our wording includes cover for damage, loss and/or depreciation of interests insured due to an unexpected delay of the vessel for a total of more than 4 days as a result of:
- Delay of the vessel at arrival at the port of departure.
- Delay of departure of the vessel at the port of departure.
- Delay of the vessel at arrival at the final port of destination during the sea voyage.
- A combination of above mentioned causes.

Criteria for determining the amount of days delay is the so-called “estimated time of arrival (ETA)” in the final port of destination according to the original sailing schedule.

The above mentioned coverage also applies in the case that through an unexpected delay of 4 days or less the vessel arrives at the final port of destination on a Friday of a national holiday as a result of which the planned delivery or distribution is actually delayed more than 4 days.

As coverage is based on the Institute Cargo Clauses (All Risks) there are no restrictions in terms of temperature variation or time franchise for machinery breakdown.

The Duration of Coverage is extended beyond the usual All Risks wording to cover static risks prior to commencement of transit for the benefit of the Policyholder for up to 15 days automatically or 60 days subject to declaration at rate to be agreed by Underwriters.

In addition to the above mentioned points our wording is also extended to include the following clauses:

Undelivered or Returned Interests - This clause maintains insurance coverage during periods and/or transits after the documents are not taken up or if the sending is not taken delivery of or is returned. This is only for the benefit of the Policyholder (ie. not the consignee who is assigned the insurance).
Coverage can also be included for loss of power at any refrigerated location including loss of power due to the loss of the utility provider, whether due to storm damage or otherwise."

If you are interested-> feel free to give us a message