Food safety authorities of all importing countries including the EU, the US have put in place stringent laws and lowered the tolerance limits of contaminants like antibiotics causing substantial increase in cargo rejection from many countries.
A single rejection distorts the rotation of working capital and huge losses happen due to destruction of cargo. In this context we, with support of the Government of India - Ministry Of Finance, IRDA & RBI and in Association with Fortis, Belgium and Marsh Inc, have launched an Insurance scheme to support the Indian exporter in the event of unfortunate rejection by health authorities of the EU, the US and Canada.
Our products
We offer you the following policies to protect your business….
1. Full Liability Coverage (FLC) - Which covers all the cost in case of the rejection including the product value if the Cargo is destructed at the destination. This policy can be availed by any Indian Exporter who has a clean track record in last three years.
2. Limited Liability Coverage (LLC) - Which covers all the cost in case of the rejection, except the product value, if the cargo is destructed at the destination. This policy can be availed by any Indian exporter without any reference to past track record.
Policy services: tasindia@vsnl.net |
