Is Value Protect insurance?
No, Value Protect is not an insurance, it is an extended liability product and it’s coverage is only for the carrier managed part of the cargo journey.
Related FAQsCan I buy Value Protect for any container and commodity? Can I purchase Value Protect Dry Plus package for my Reefer shipment? Can I purchase Value Protect for Break Bulk cargo? Can I purchase Value Protect on a shipment level? I already have insurance, why should I buy Value Protect? I’m shipping Out of Gauge cargo, can I purchase Value Protect Dry Extended package to cover my logistics-related risks?
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