Instant Cover for Freight Shippers
All-risk cargo coverage in seconds. Any consignment to anywhere in the world by road, air or sea – all commodity codes covered. Pay-as-you-go coverage for the shipments you want when you need it. Lightning fast, all-risk, per-load smart insurance.
Think your carrier’s liability policy protects you from cargo loss? Think Again.
Get Instant Peace of Mind
Managing freight on behalf of your customer? AOG or time-critical shipment? Hazardous material? Whatever your need, there is now an insurance solution that moves as fast as you do.
Traditionally all-risk coverage for one-off shipments has been a bad fit for insurance brokers and too administratively onerous and expensive for businesses. The result – 60-90% of loads today are underinsured or not insured at all.
Flycovr exclusively offers the aviation industry standalone, all-risk goods in transit coverage for up to $3m via our partner Loadsure. Coverage can be bought in as little as 40 seconds or less. No more unnecessary risks, onerous administration, or delays.
What Is It?
- A-rated, all-risk coverage for goods and merchandise in transit.
- Up to $2M in domestic & international single conveyance limits – automated solutions.
- Up to $100,000 in domestic & international coverage for LTL shipments.
- High-value load shipments available (higher than $3m), subject to underwriting review, pricing, and terms.
- Door-to-door protection from physical loss or damage including General Average, loading/ unloading damage, Acts of God, and civil commotion risks.
Who Can Use it?
All logistics providers across the aviation supply worldwide including:
- Logistics Providers
- Freight Brokers
- Freight Forwarders
- NVOCCs (Non-vessel operating common carrier)
We can arrange cover for any consignment across all commodity codes including HAZMAT.
- Preferred commodities and aircraft parts include containerized cargo, manufactured products, and equipment.
- Coverage for select hard-to-place risks available on demand.
- Risks typically outside the Loadsure appetite include inventory and storage, cash & financial instruments, and luxury goods.
- Delivers instant pricing through our Loadsure Portal and API integration.
- Can provide API integration directly to our partners.
- Brokers can generate quotes in seconds and Assureds can bind shipments and pay premiums directly.
- Supports brokers in renewing and recouping premiums over time and with ease.
- Accelerates settlements through an end-to-end automated claims process.
Do I need All-Risk Cargo Coverage?
If you want to better protect your business against loss, then yes. In the event of a loss, most policies will only recover a fraction of the full consignment value damaging your bottom line and potentially souring customer relations. Why take the risk?
Flycovr strives for a better more sustainable aviation supply chain for everyone by making comprehensive all-risk insurance a no-brainer for all2