Some of the advantages of purchasing this insurance are: The insurance provides financial stability to the business. It helps manage the risks and conduct business without much worries. It compensates for any financial loss that one faces during the transit of goods.
Inland marine insurance is a type of business insurance that helps cover products, materials and equipment while they are transported on land, such as by truck or train. This coverage is meant to help protect business property that is movable or used for transportation or communication purposes.
The certificate is generated real time after the compliance checks and can be used as an official document for any claims.
All the entered data will be evaluated and screened for Sanctions, Intraban, Vessels, Surveys and war/strike levels.
TDIS process is simplified wherein you only need to add in the trade details, cargo details and shipping details. The rest is taken care of by TDIS and all the evaluation checks and real-time quotation is provided.
Specific Policy: Covers the single specific shipment only during the policy period. Open Policy: The agreement between a proposer and an insurer to insure all goods in transit falling within that agreement for a period of time or even indefinitely until the agreement is cancelled by either party. Full premium is collected in advance and adjusted on […]
The certificates generated in TDIS are stored in IBM hyper ledger block chain network and are only shared with the parties who are involved in the transaction. This guarantees the reliability of the transactional data.
The platform screens various parameters depending on the insurer or underwriter requirement. Some of them are Vessels, Sanctions , war and strike etc