Goods-in Transit (CARGO) Insurance

Voluntary insurance intended for companies, dealing in import, export and re-export, as well as companies dealing in trade and distribution on the Republic of Bulgaria’s territory.

The Goods-in-Transit (Cargo) Insurance provides insurance protection for all cargo types, hauled by road, sea, air, river, rail or combined transport, against loss and/or damage as a result of occurrence of an insured event during hauling from or to any location across the world or on the Republic of Bulgaria’s territory.

Insured period

In the case of individual insurances - until the cargo is unloaded at the final destination

In the case of subscription policies - one year

International carriage:

Coverage for cargoes during international carriage under the terms and conditions of Institute Cargo Clauses

Domestic carriage:

Coverage for domestic carriage within the Republic of Bulgaria under the terms and conditions of Institute Cargo Clauses

Institute Cargo Clauses (A) – 1.1.2009	Cover all risks of cargo loss or damage, except the explicitly excluded ones.
Institute Cargo Clauses (В) – 1.1.2009	Cover explicitly the risks mentioned, in some cases applied to sea shipping or combined haulage.
Institute Cargo Clauses (C) – 1.1.2009	Minimum insurance coverage Widely applicable and used mainly for insuring metal, liquid or bulk cargoes, ores, coal, etc. as well as used goods/cargoes.

The insurance coverage may be expanded and DZI offers additional coverage of the following risks:	Military risks - under the terms and conditions of Institute War Clauses (Cargo) - 1.1.09
	Strikes, mutinies and civil unrests – under the terms and conditions of Institute Strikes Clauses (Cargo) - 1.1.09
	Damage occurred during loading-unloading operations
	Breakage due to the cargo nature, for fragile cargoes
	Spoilage as a result of refrigerating installation failure for cargoes, hauled in refrigerated vehicles
	Other specific risks

What is a subscription-type insurance policy?

Insurance coverage under a subscription-type insurance policy encompasses all or particular cargo types and is concluded for a defined period.

The choice of a subscription type insurance policy provides you with several advantages::

How much will the insurance cost?

The insurance premium is determined depending on:

Where can you conclude an insurance policy?

At DZI offices, as well as with our professional partners (agents and brokers)

To conclude an individual Cargo policy, you need to present:
- Filled-in Proposal-questionnaire
- Commercial invoice
- Transport document
To conclude a Subscription-type policy, you need to present:
- A filled-in Proposal-Questionnaire