Freight Forwarders Liability

Q: Do your freight forwarding policies only cover Freight Forwarding activities?

No . Our freight forwarding policies are able to cover many different occupations as we understand that Freight Forwarders don’t always just do Freight Forwarding. The occupations that can be covered under our wordings are Customs Brokers, Warehouse Operators, Logistics and Transport Companies.

Q: Can I pay my premiums by the month?

Yes. First Peoples Insurance can arrange monthly premium funding for many insurance policies through approved premium funding providers. For commercial insurance policies, the interest charged on a premium funding loan may be tax deductible, depending on your circumstances. Tax treatment differs for personal insurance products and may not be deductible. You should seek advice from your accountant or tax adviser regarding the tax implications of any premium funding arrangement.

Q: Can I obtain an Agreed Value Policy?

Yes . We will discuss the various cover options available under the policy. You may need to provide us with a valuation from a Marine specialist / valuer in order for the Insurer to agree to the nominated value

Q: How do I make a claim?

As your Adviser, you will always contact First Peoples Insurance in the first instance and we will guide you through the claims process as this can vary from insurer to insurer.

Trusted by companies nationwide.

First Peoples Insurance is a market leader for Freight Forwarders Liability Insurance. Policies are tailored to individual company’s needs no matter how big or small protecting your liability.

Why is this cover important?

Freight Forwarders are an integral part of our Australian supply chain, and maritime trade. Within this, there are an array of liabilities and risks which are unique to this business activity.

The Industry has faced numerous cases involving cargo loss, damage, abandonment, fraud, and so forth. Consequently Transport Lines, Customers and Regulatory Bodies (such as ports) look to the Freight Forwarders to resolve issues and ultimately, they can be held liable for incidents. Freight Forwarders take on the duty of care for their client goods. This prescribed duty includes inherent risks, and can make the Freight Forwarders vulnerable for possible issues occurring during the delivery.

Therefore, ensuring you have the right protection through First Peoples Insurance Freight Forwarders Liability insurance package is vital. We work with you to ensure the policy protects and cover your business activities.

Failure to take out the correct Freight Forwarders Liability Insurance cover, can leave your business in a potentially damaging situation if the transportation of the clients goods end badly.

Policy cover can include

As a specialist Insurance Broker, we understand choosing the right policy can be a difficult and complex task. Therefore, we have outlined exactly what the policy can cover, this includes cargo exposure where legally liable to pay compensation for:

Liability for Cargo

Loss or damage to customer’s cargo.

Errors and Omissions

Financial loss due to delays in handling Cargo, Demurrage charges, Misdescription of Cargo, Delivery of cargo to wrong destination.

Defence Costs

In relation to investigations, inquiries and prosecutions instigated by Border Authorities including threats of suspension or revocation of a customs broker license.

Fines and Penalties

That are imposed on you due to an unintentional breach.

Infringement Notices

Issued by Border Authorities.

Statutory Liability

For the payment of customs duty or the equivalent of customs duty.

Additional Benefits Available

Industry Specific Tailored Solutions. I.e. – Contractual Liability: Can be tailored to cover liability arising from business transacted under a specific customer contract including consequential loss.

Market leading transit insurance

Industry leading claims service (First Peoples Insurance handle all the claims).

Do not require to see any pre-shipment documents

Australian based insurers

Fast and easy – 2 minutes to quote/bind insurance cover

Free insurance advice to YOUR customers

Available for Freight Forwarders and Customs Brokers.

Platform is free to use with no subscription or license fees

First Peoples Insurance is a 100% Aboriginal-owned, full-service insurance broker, not a product seller. We partner with you to understand your risks and design tailored insurance brokering solutions that evolve with your needs.

We have access to a large range of quality insurers and policies to ensure you obtain the best possible coverage.

Our claims team has years of experience and expertise in successfully managing complex and difficult claims.

The logistics industry consists of many different occupations, each carrying their own risk exposures and regulatory requirements. Due to the complexities involved with these vulnerabilities comes the need for specialist knowledge, advice and insurance programs.

First Peoples Insurance provides a unique and personalised approach to designing insurance brokering solutions that identify, assess and treat risks for Freight Forwarders, Customs Brokers, Warehouse Operators, Transport and Logistics Companies.

First Peoples Insurance is a specialist insurance broker, not an insurance company. Therefore, if you need to make a claim, our in-house specialist claims team acts on your behalf and deals with the extensive and complex claims process. To provide you with a hassle-free process, you endeavour to get you the best result possible, within a suitable time frame so you can continue with your business.

Market leading products available.
We are regarded by major insurers as an industry leader when it comes to our claims service.
We have access to a vast range of insurers who specialise in Freight Forwarders Liability insurance.
24/7 emergency claims service.
Member of Austbrokers (Top 250 ASX-listed company)

Frequently Asked Questions for Freight Forwarders Liability Insurance

No. Our freight forwarding policies are able to cover many different occupations as we understand that Freight Forwarders don’t always just do Freight Forwarding. The occupations that can be covered under our wordings are Customs Brokers, Warehouse Operators, Logistics and Transport Companies.

Yes. First Peoples Insurance can arrange monthly premium funding for many insurance policies through approved premium funding providers.

For commercial insurance policies, the interest charged on a premium funding loan may be tax deductible, depending on your circumstances. Tax treatment differs for personal insurance products and may not be deductible.

You should seek advice from your accountant or tax adviser regarding the tax implications of any premium funding arrangement.

Yes. We will discuss the various cover options available under the policy. You may need to provide us with a valuation from a Marine specialist / valuer in order for the Insurer to agree to the nominated value

Cover is available for goods imported, exported and sent within Australia.

Load insurance protects the Chain of Responsibility. The Competition and Consumer Act, including any contracts between you and the Freight Forwarding Agent will dictate, however our advice is to get Load Insurance, as it can protect you in the event of damage or loss.

As your Adviser, you will always contact First Peoples Insurance in the first instance and we will guide you through the claims process as this can vary from insurer to insurer.