Let us tell you a bit about the insurance packages that Seven Seas Worldwide has to offer. Even if you choose not to take out insurance, it’s good to have a quick glance at this page to know your options. Don’t worry; we’ll skip to the chase. Here are our two choices.
Total Loss Insurance
Seven Seas Worldwide automatically provide Total Loss Insurance cover of £100.00 (or equivalent currency in country of origin) for each box, suitcase, holdall, backpack or any other individually-packed item at a cost of £3.50 (or equivalent currency in country of origin) for each item.
This insurance covers total loss of the box, suitcase, holdall, backpack or other individually-packed items. However it does not cover partial loss of the box, suitcase, holdall, backpack or other individually-packed items. Total Loss Insurance cover will incur an additional charge. It is company policy to recommend this minimal insurance cover but you do have the option to opt out if you do not wish to include it.
All Risk Insurance (Exclusions apply – Please refer to the Terms and Conditions)
How do I work out the insurance premium?
The Insurance Premium payable for cover is calculated as 5% of the ‘replacement value’ of the inventoried items in the shipment. The ‘replacement value’ is the value that it would cost to repurchase the items that have been lost. The value of the items you are insuring should be reflected in the currency of the country where your belongings presently reside.
Below is a table of calculations as an example. There is no maximum insurable value for any one box. Please note the sterling pound sign used in the following example is for representative purposes only! Remember to use the currency of the country you are sending your belongings from.