What are my insurance options? | Baggage FAQS
Why should I insure my excess luggage shipment and what type of insurance do you offer?
We know that the items you intend on sending are important to you - otherwise you wouldn’t be sending them, right? Insuring excess baggage will bring you peace of mind, so here are our two options. Don’t worry, you won’t get bogged down in jumbled insurance-speak.
Seven Seas Worldwide provides Basic insurance cover of $150.00 (or the equivalent in local currency) for each box, suitcase, gym bag, backpack and other individually-packed items. Basic insurance will incur an additional charge. It is company policy to recommend this minimal insurance cover though you can opt out if you do not wish to pay for it.
If you consider your items invaluable, we suggest you take a look at our offer of Premium insurance. The Insurance Premium payable for cover is calculated as 5% of the ‘replacement value’ of the inventoried items and this is what it includes: The total loss of the entire shipment, theft of items from the shipment and water damage to the consignment.
‘Replacement value’ equals the value it would cost to repurchase lost items. Please note that as with all insurance there is an ‘insurance excess liability’ amount whereby the customer is liable for an initial proportionate amount of the claim being registered. All claims are subject to the standard Insurance Terms and Conditions. There is an excess payment on any single claim.
Now did you get all that?
You can always give us a call if you want to talk about it.