About the company
170 L.Tolstoy street
Tel: (99412) 598 18 03
Fax: (99412) 598 18 07
Insurance Consultancy Line:
(012) 418 88 08
(050/055) 263 88 08
This kind of insurance is designed
for owners of goods and cargos shipped by various means
of transportation, and enables losses to be compensated,
that are related to the damage or loss of cargo regardless
of fault by the transporter or the absence thereof.
Pasha Insurance’s cargo insurance contract
terms meet modern requirements in the realm of insurance
Pasha Insurance offers the following products
in respect of cargo insurance.
One shot insurance policy. This policy
is issued upon application for insurance (it is used
in cases of one shipment of various cargos).
Open cargo insurance policy (contract).
It is drawn up in the case of regular shipments on approved
routes or at the time of uniform cargo shipments. The
general insurance policy simplifies the document circulation
for cargo insurance, and the insurance applies to all
declared shipping. There are various options for paying
the insurance premium as per the general insurance policy.
The following can be insured as per this kind
of insurance policy:
Cargo shipped by any means of transportation from any
spot of the world to any destination throughout the world.
costs for delivering cargo to the destination point.
The insurance covers damage and destruction
of the cargo, occurred as a result of fortuity and hazards
of transportation, theft, robbery assault, war risks,
lock-outs, etc., depending on the extent of the insurance
Subject to compensation are losses caused
by damage to or destruction of cargo, costs of saving
or repairing damaged cargo, expert assessment costs.
CIVIL LIABILITY INSURANCE OF TRANSPORTER
Civil liability insurance of transporter implies
the conclusion of a general contract designed for companies
operating in the field of providing services for shipping.
Pasha Insurance develops insurance plans to
protect interests of transporters/freight forwarders from
lawful claims brought to insured party based on:
Civil Code of the Azerbaijan Republic;
Provision of international legal contracts
and conventions in the domain of cargo shipment and
the provision of freight-forwarding services CMR/Convention
on the Contract for International Carriage of Goods
by Road, International Air Transport Association;
Requirements of national legislation in
the field of cargo shipments, the provision of freight-forwarding
services of the state, on the territory of which these
services are provided or the jurisdiction of which is
applied when treating the claims, brought before the
insured party due to the occurrence of the insured event;
Terms of any other contract previously
agreed upon by the insurer.
Insured risks are:
Liability for destruction, damage or loss
of cargo, failure to provide appropriate integrity of
cargo in the case of the collision of vehicles with
obstacles and with each other, fires, vehicle turnovers,
collapse of bridges, fire or explosion, theft or robbery,
assault, breach of temperature.
Liability for financial losses taking
place as a result of delay in cargo delivery, forwarding
of cargo to a wrong destination, compensation of consignment
Reimbursement of customs duties and fees.
Third party liability in respect of damage
caused by cargo to the property and health of third
Costs of investigation of the circumstances
of an event.
Costs of prevention or mitigation of damage.