InsureShield™ shipping insurance, offered through UPS Capital Canada Insurance Brokers, Limited (UPSCCIBL), is multi-carrier, multi-modal protection for in-transit goods. Package and freight claims can be a lengthy process, often extending for multiple weeks and several rounds of communication with a carrier. With InsureShield protection, submitting claims is easy with payments in days not weeks. This allows you to focus on what matters most - growing your business.
Why it Matters?
Today’s supply chains are longer and more complex, inviting more risk for loss and damage. Our team understands the rigors of transportation and can craft a policy that covers all, or some, of your goods. Shipping insurance can offer you peace of mind and let you proactively take care of your customer when there is a shipping mishap.
How we can Help?
With our logistics expertise, we’ll discuss how you make, move and sell your goods as well as your risk tolerance. From there, we can craft a policy that meets your needs, including air and ocean freight, FTL/LTL and parcel. With leading insuretech and global supply chain expertise, you’ll get valuable insights to better understand risks and protect your supply chain.
Insurance coverage is underwritten by a Canadian licensed insurance company and issued through UPS Capital Canada Insurance Brokers, Limited (“UPS Capital Insurance Brokers”) – an indirect wholly-owned subsidiary of UPS Capital Corporation (“UPS Capital”). The insurance company and UPS Capital Insurance Brokers reserve the right to change or cancel the program at any time. Insurance coverage is governed by the terms and conditions, including the limitations and exclusions, set forth in the applicable insurance policy (the “Policy”). This information does not in any way alter or amend the terms or conditions, including the limitations or exclusions, of the Policy, and is intended only as a brief summary. Insurance coverage is not available in all jurisdictions. UPS Capital Insurance Brokers only issues policies of a single insurer in Canada, and receives commission on sales of insurance. An affiliate of UPS Capital Insurance Brokers reinsures a material portion of the risk insured by this insurance policy and the UPS Capital group therefore has a financial interest in the insurance program. You are not required to purchase insurance from UPS Capital Insurance Brokers and have the right to seek insurance elsewhere. In particular, your ability to ship using United Parcel Service Canada Ltd. or its affiliates is not conditional on your purchase of insurance from UPS Capital Insurance Brokers.
InsureShield™ shipping insurance through UPS Capital Canada Insurance Brokers, Limited is only available in Ontario, Canada.
In this report, you will learn about:
- The trickle-down effect of macro factors in freight shipping
- Top shipping-related issues leading to increased claims