Standard Insurance: All the products with this insurance include coverage of potential incidents such as: loss, delivery theft, damaged goods or potential missing content. A bill will be issued for an agreed amount based on the weight in kilos. Deliveries will circulate with a single insurance policy, which is not cumulative. This insurance is:
Waivable in the contract. (The intention to waive it must be stated when signing the agreement).
Negotiable with discounts.
The accrual of the insurance premium is shown explicitly on the invoice. This insurance entails a maximum compensation of €15 per kilo. Up to a maximum of €500 per delivery. If the goods are worth less, the insurance will pay the lower amount.
LCTTM insurance: If the customer expressly declines the Standard Insurance, their deliveries will circulate with this insurance. LCTTM insurance entails compensation of 1/3 of the IPREM = € 5.98/kg. If the goods are worth less, the insurance will pay the lower amount.
Declared Value of the Parcel Additional service applicable to individual deliveries and calculated as a percentage of the value of the goods. The Declared Value of the Parcel entails a maximum compensation of €6,000, depending on the insured amount.
Agreed Compensation: Set premium for each posted item, with the cost included in the delivery.