Limitations to AfterShip Protection Coverages
To buy protection coverage would need to follow the limitations from the insurance company, limitations:
- Insured value limitation per order:
Order value less than $10,000 and larger than $10.
- Commodities that are not included:
Contraband, illicit goods; accounts receivable; fish meal; nuclear fuel and substances; fireworks, explosive agents, fire-starting devices or aids; live plants, animals and insects, human tissues or organs, human remains, corpses or body parts; bullion; stamps; cash; currency; money; coins; deeds; notes; securities; bills; evidence of debt; precious stones; and fine arts and jewelry. Commodity-specific coverage terms may apply.
- Excluded Risks: As with all insurance, coverage under the Insurance Policy is subject to exclusions which specifically include:
- war risks for U.S. (continental) domestic shipments;
- radioactive contamination;
- delay, whether or not caused by an insured peril;
- temperature variation, whether or not caused by an insured peril;
- inherent vice;
- fraud or infidelity by you, the shipper or consignee;
- misrepresentation / false information by you, the shipper or consignee;
- cyber attacks;
- illicit trade;
- capture, seizure, arrest or detainment of goods by public authority;
- nuclear contamination;
- rust, oxidation, discoloration, scratching, marring, denting, chipping and/or electrical or mechanical derangement to used goods, whether or not caused by an insured peril;
- consequential and indirect damages, such as loss of market, depreciation, or diminution in value as a result of repair;
- improper, inadequate or otherwise unsuitable packing or preparation of the cargo, provided this exclusion will not apply to the extent that: (i) such packing or preparation was carried out by a third party other than you, the shipper, consignee or anyone bearing an interest in the cargo; and (ii) the deficiency was unknown to you, the shipper, consignee and anyone bearing an interest in the cargo;
- fraud or infidelity by you, the shipper or consignee;
- misrepresentation / false information by you, the shipper or consignee;
- a shipment of cargo being re-routed, stopped in transit or retrieved at a point other than the original consigned delivery point pursuant to any instruction or representation to the transport carrier by a fraudster or imposter;
- a shipment of cargo being sent as a result of fraud or trick upon the Customer, the shipper and/or consignee (including but not limited to product orders made by imposters); and package labels being changed or revised in the course of transportation for the purpose of fraudulent redirection.
Detail can see in the UPSC terms: https://upscapital.com/PartnerNetwork/aftership-terms-and-conditions/
Updated on: 27/11/2023