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Freight Legal Liability/Errors & Omissions


Freight Forwarders and Custom House Brokers must understand their own potential liabilities in order to protect their businesses - and even their own personal assets.

International Bond & Marine will help identify your exposures and assist you in securing the proper insurance coverages.

• Freight Legal Liability  - This insurance covers the legal liability of the insured under their own bills of lading, while acting as a NVOCC, Warehouseman, or Air/Ocean Freight Forwarder. This coverage can also include the liablity arising from Customs House Brokers who simply arrange for cargo to be picked up.

• Errors & Omissions covers a financial loss incurred by your customer resulting from your failure to perform, wholly or in part, your contractual obligations.

IB&M has one of the most comprehensive policies for this type of coverage through a variety of financially sound markets. The policy can be modified to accommodate all operational sizes of Freight Forwarders, NVOCCs and Custom House Brokers.