Free Insurance
Insurance Service Agreement
1. Basic introduction
1.1. Cargo insurance provided for goods in circulation. In order to make the goods in transit in the course of transportation, they can receive economic compensation for losses caused by natural disasters or accidents within the scope of insurance coverage. And to strengthen the safety and damage prevention work of goods transportation, in order to facilitate the production of goods and the circulation of goods.
1.2. The Medwish platform provides sellers with cargo transportation insurance. Medwish has the final interpretation.
1.3. The Medwish platform and Huatai Property Insurance Co., Ltd. signed an insurance agreement.
2. Insurance coverage (including but not limited to the following)
Transportation methods include air and sea transportation.
2.1. Air transportation
2.1.1. Loss caused by damage, breakage, bending, cracking and other damage to the insurance cargo caused by vibration, collision or pressure, and resulting packaging rupture;
2.1.2. Losses caused by abandoning the aircraft due to adverse weather or other distress accidents;
2.1.3. In the event of a disaster within the scope of responsibility, the insurer shall also be liable for reasonable expenses paid for the rescue or protection of insurance goods, but the maximum limit is not to exceed the amount of insurance;
2.1.4. Loss of insurance cargo due to force majeure accidents and rain during loading, unloading, and ground transportation.
2.2. Sea transportation
2.2.1. During the transportation of the insured goods, due to natural disasters, the entire loss of the whole shipment or the presumed total loss. Where the insured goods are transported to or away from the seagoing vessel by barges, the cargo loaded on each barge can be considered as a whole batch.
2.2.2. Loss of the goods in whole or in part due to an accident caused by the transport.
2.2.3. In the event of an accident in the transport vehicle, the cargo is also subject to a total loss caused by natural disasters falling into the sea at sea.
2.2.4. All or part of the damage caused by the falling of one or several cargoes into the sea during loading or unloading.
2.2.5. Reasonable expenses paid by the insured person for taking measures to rescue, prevent or reduce the damage to the goods covered by the insured goods, but not exceeding the insured amount of the salvaged goods.
2.2.6. The damages caused by unloading at the port of refuge after the transportation vehicle is in trouble, and the special expenses incurred in unloading, storing, and transporting goods in the port of entry and the port of refuge.
2.2.7. General sacrifices, assessments, and salvage expenses.
2.2.8. The contract of carriage has a “responsibility clause for ship collisions”, and according to this clause, the shipowner shall repay the ship’s losses.
2.2.2. Loss of the goods in whole or in part due to an accident caused by the transport.
2.2.3. In the event of an accident in the transport vehicle, the cargo is also subject to a total loss caused by natural disasters falling into the sea at sea.
2.2.4. All or part of the damage caused by the falling of one or several cargoes into the sea during loading or unloading.
2.2.5. Reasonable expenses paid by the insured person for taking measures to rescue, prevent or reduce the damage to the goods covered by the insured goods, but not exceeding the insured amount of the salvaged goods.
2.2.6. The damages caused by unloading at the port of refuge after the transportation vehicle is in trouble, and the special expenses incurred in unloading, storing, and transporting goods in the port of entry and the port of refuge.
2.2.7. General sacrifices, assessments, and salvage expenses.
2.2.8. The contract of carriage has a “responsibility clause for ship collisions”, and according to this clause, the shipowner shall repay the ship’s losses.
WPA coverage
In addition to the various duties of FPA, it is also responsible for the partial loss of the insured goods caused by natural disasters.
All Risks coverage
In addition to the various liabilities of the FPA and WPA, they are also responsible for all or part of the loss caused by the general external cause of the insured goods in transit.
3. Exclusion Responsiblity
3.1. Intentional behavior or negligence of the shipper or the insured;
3.2. The loss caused by the defective or natural loss of the insurance cargo itself, and due to improper packaging of the shipper's failure to comply with the cargo transportation rules;
3.3. The liability provided for in the war risk and strike insurance clauses and their exclusion liability;
4. Other losses that are not covered by insurance coverage.
Responsibility
3.2. The loss caused by the defective or natural loss of the insurance cargo itself, and due to improper packaging of the shipper's failure to comply with the cargo transportation rules;
3.3. The liability provided for in the war risk and strike insurance clauses and their exclusion liability;
4. Other losses that are not covered by insurance coverage.
Responsibility
4.1. Air transportation
This insurance assumes "warehouse to warehouse" responsibility and takes effect when the insured goods are transported out of the warehouse or storage space of the departure place stated in the insurance policy.Including the means of transportation during normal transportation, until the goods arrive at the final warehouse or storage space of the destination consignee as set out in the policy, or the insured's other storage space for distribution or abnormal transportation.If it does not reach the above warehouse or storage space, the insurance will terminate 30 days after all cargo has been unloaded from the aircraft at the final unloading point.If the insured goods need to be transferred to the destination specified in the non-insurance policy within the above 30 days, they shall be terminated when the goods are transferred.
Any change in voyage or termination of the contract of carriage due to delays in transit beyond the control of the insured, detour, forced unloading, reloading, reloading, or the carrier's use of the authority conferred by the contract of carriage. When the insured goods are transported to the destination specified in the non-insurance policy, the insured informs the insurer of the obtained information in a timely manner, and if the premium is paid as necessary, the insurance will continue to be valid. Insurance liability The following regulations are terminated.
4.1.1. If the insured goods are sold at the destination specified in the non-insurance policy, the insurance coverage is up to delivery. However, in any case, the insurance will terminate 30 days after all cargo has been unloaded from the aircraft at the final unloading point.
4.1.2. If the insured goods continue to be delivered to the original destination or other destination as set out in the insurance policy within the aforementioned 30-day period, the insurance liability shall still be terminated in accordance with paragraph (一) above.
4.2. Sea transportation
