Are there any restrictions or precautionary rules? - Cargo Insurance

The insured must comply with Vörður’s precautionary rules.

Are There Any Restrictions or Precautionary Rules? 

Where Is The Insurance Valid? - Cargo Insurance

The insurance only applies to the insured goods while in transit.

Where Is The Insurance Valid? 

What are the insured's obligations? - Cargo Insurance

When there is a risk of a compensable loss, or after a loss has occurred, the insured is obliged to take measures to prevent or minimize the damage and ensure that all rights against the carrier and any other parties are preserved and exercised. The company will cover all reasonable costs associated with this, in addition to paying insurance compensation for the loss.


What Are The Insured's Obligations?

When and how is the insurance paid for? - Cargo Insurance

The premium must be paid before the insurance takes effect. Payment can be made by credit card or bank transfer.

When And How Is The Insurance Paid for?

When does insurance coverage begin and how does it end? Cargo Insurance

Insurance coverage begins as soon as the transport starts, i.e., when the insured goods are removed from a house or other storage facility at the place of dispatch, and ends at the earliest of the following:


When Does Insurance Coverage Begin and How Does It End?

How is the insurance terminated? - General 

The insurance can be terminated at any time during the insurance period. 

How is the insurance terminated?

Information Document

Limited transportation protection that compensates for specifically defined financial loss to cargo during transport.  

What Is Covered?

What Is Not Covered?

Cargo Insurance (B) 

Marine Insurance

Terms and Conditions

Vörður operates according to the various policies and rules that can be found here on the website.

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Vörður board of insurances

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Terms

About Vörður

We focus on simple and convenient insurance services with customer satisfaction as our guiding principle, and when setbacks occur, we stand with our customers.

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