Dangerous goods shipper liability

We indemnify for losses arising from liability for damage to life, health or property of third parties, as well as damage to the environment due to negative consequences during the transportation of dangerous goods
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Dangerous goods shipper liability

Protection against risks

Civil liability arising as a result of:

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Damage caused to third parties

Damage to the life and health of third parties, property of individuals and legal entities as a result of any event that occurred during the transportation of dangerous goods
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Damage caused to the environment

Causing damage to the environment as a result of any event that occurred during the transportation of dangerous goods
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Responsibility
Insured
Features of insurance coverage

Features of insurance coverage

Insured

Liability insurance for the transportation of dangerous goods is mandatory for shippers, carriers and consignees of dangerous goods. Accordingly, each of these entities may be an insured under the contract.

Insured events

An insured event is any event during the transportation of dangerous goods that results in the insured's civil liability to compensate for the damage caused under the terms and conditions of insurance and the contract.

Deductible

The amount of deductible under the contract may not exceed 1% of the sum insured.

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Benefits of insurance in INGO

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Experience and compliance

30 years of experience in the Ukrainian insurance market. INGO's insurance conditions meet national and general international requirements, as well as the requirements of a specific contract
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Control of risk management

In-house experience, knowledge and use of expertise of leading reinsurers from around the world
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Support at all stages

We provide high-quality insurance coverage and comprehensive support at all stages of the insurance contract: from its conclusion to the completion of the settlement of the insured event

The level of financial stability of INGO

uaAAifr
outlook - «Evolving»
8.12.2023

Frequently asked questions

In this section, we have collected the most frequently asked questions from our clients. If you do not find the information you are interested in, please use the feedback form
Frequently asked questions
What is the period of validity of the insurance contract?

The liability under the contract begins with the commencement of activities related to the transportation of dangerous goods from the place of their manufacture to the place of destination, with the preparation of cargo, containers, vehicles and crew, with the acceptance of cargo, cargo operations and short-term storage of cargo at all stages of transportation, and ends upon completion of the transportation process.

What affects the cost of insurance?

The following factors affect the insurance rate under the contract:

  • the volume of dangerous goods to be transported
  • transportation distance
  • insurance period
  • other conditions affecting the risk of an insured event
How is the sum insured under the agreement set?

The sum insured under the contract is calculated for each full and partial ton of dangerous cargo and, depending on the class of danger of the cargo (9 classes in total), is set at 60 to 120 tax-free minimum incomes.

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