InsureShield™ Shipping Insurance vs Carrier Liability: What’s the difference?

General News

Summary

You’ve heard about InsureShield™ shipping insurance, but may be wondering how it differs from standard carrier liability. Carrier liability is based on small-print terms and a web of governing statutes, some of which date to the 1930’s. At their core, all the statutes allow carriers to limit their exposure and exempt a variety of situations from their liability. The insurance company, UPSCIA and its licensed affiliates reserve the right to change or cancel the program at any time. This information does not in any way alter or amend the terms, limitations or exclusions of the applicable Policy and is intended only as a brief summary.

Classifications

industries
InsurTech
applications
E-Commerce & Retail

AskAI Classifications

Labels
SaaS Shipping Software Supply Chain Software

Linked Companies

NRG Software
$1M to $5M