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Expanding The Reach of Your Cargo Cover with MSC’s Extended Protection
11/04/2024
Elevate your cargo cover and take your protection beyond the basics with MSC’s Extended Protection solutions, which is designed to offer you additional peace of mind throughout the shipment of your cargo.
Protecting your cargo against financial losses is crucial, in events such as war like situation (at sea), rough weather, fire, theft, and many other occurrences. Our Extended Protection solution is the extra level of protection you need for your cargo’s partial or full value.
Available globally for a wide range of cargo categories, with a simple, fast-tracked claim resolution process and a one-stop-shop approach aiming to solve claims in 30 working days from the completed submission of all necessary documents, protecting your cargo has never been easier.
Add extended protection to your booking in a few clicks and enjoy seamless protection of your cargo’s value and the support of a dedicated team at every step of your cargo’s protection journey.
Extended Protection: The New Way to Protect Your Cargo
MSC Extended Protection is fully flexible to ensure that you get the maximum benefit from subscribing the solution.
Depending on the unique needs of your business, you can choose to either fully or partially protect your cargo as you see fit.
Extended Protection: The New Way to Protect Your Cargo
MSC Extended Protection is fully flexible to ensure that you get the maximum benefit from subscribing the solution.
Depending on the unique needs of your business, you can choose to either fully or partially protect your cargo as you see fit.
You can choose to fully protect your cargo’s value by investing in Extended Protection, or alternatively only partially protect your cargo with our solution, to cover for example the deductible your current insurance applies when refunding you in case of damage: By doing so you ensure that the value of your cargo is fully covered by both your actual insurance and the extended protection. Our solution is designed to give you the maximum peace of mind throughout shipping.
Pick which option suits you best, select the value corresponding to your cargo, and MSC will take care of the rest. With MSC Extended Protection you benefit from:
- A broad coverage scope for shipments carried in dry and reefer containers (frozen cargo only), door to door or anything in between.
- Perils insured including war risk at sea, fire, stranding, heavy weather, theft, stevedore damages and Reefer temperature variation.
- Valuation basis calculated on your cargo value, and with the option to select partial value protection.
- Fast-track procedures to ensure speedy claims resolution.
What are the Advantages of MSC’s ‘One-Stop-Shop’ Approach?
There is no need to settle for default when it comes to your cargo protection, thanks to our customisable Extended Protection service.
Available through the myMSC portal, you can access the solution within a few clicks, and receive tailored quotations based on your needs, cargo, and chosen method of transportation (intermodal or maritime) with immediate and clear tariffication.
What are the Advantages of MSC’s ‘One-Stop-Shop’ Approach?
There is no need to settle for default when it comes to your cargo protection, thanks to our customisable Extended Protection service.
Available through the myMSC portal, you can access the solution within a few clicks, and receive tailored quotations based on your needs, cargo, and chosen method of transportation (intermodal or maritime) with immediate and clear tariffication.
Not only does this mean there are no hidden costs, but like our fast-track claims procedure, this process ensures that protecting your cargo is efficient and effective.
When using our Extended Protection offering, you will have support via our online services and through your local agent every step of the way. This means that there is always someone on hand to answer any questions, or resolve any concerns you may have, so you will be free to focus on your wider supply chain.
With Extended Protection we minimise the impact of the claim process by offering a straightforward procedure that aims to conclude all claims entering the scope of the EPR within a 30 working-day average period, running from the completed submission of your all related files.
Our fast-track procedure relies on the support of our dedicated Claims team. Any surveys will be conducted by a surveyor appointed by MSC, at MSC’s cost, so you don’t have to worry about an additional organisation or cost.
MSC Extended Protection not only covers numerous transportation solutions (combined sea and land transportation), and a wide range of cargo, but we also offer transparent tariff charges. Based on your cargo value and specificities, your applicable tariff is immediately visible at booking stage on our ebusiness platform, myMSC and will be displayed on your freight invoice so there are no hidden costs.
Our solution is based on a ‘pick and choose’ concept. If you want your cargo to be fully protected with the EPR, select the value range corresponding to the full value of your cargo. Alternatively, you can also choose to partially protect your cargo value or simply protect your existing deductible. Whatever option you select, you will always be able to directly see the EPR tariff attached to your cargo value.
Safeguarding Your Future: The Vital Role of MSC's Extended Protection
We all know that cargo shipping can involve a variety of risks including war risk at sea, damage, loss, or theft of goods. As all of these (and more) are covered by Extended Protection, it’s easy for businesses to avoid unexpected financial burdens in case of a claim.
Moreso, should the worst happen, in the event of a loss, the process of making a claim can be time consuming. Having Extended Protection can expedite the recovery process, minimising disruptions to the supply chain and the amount of stress for you.
Safeguarding Your Future: The Vital Role of MSC's Extended Protection
We all know that cargo shipping can involve a variety of risks including war risk at sea, damage, loss, or theft of goods. As all of these (and more) are covered by Extended Protection, it’s easy for businesses to avoid unexpected financial burdens in case of a claim.
Moreso, should the worst happen, in the event of a loss, the process of making a claim can be time consuming. Having Extended Protection can expedite the recovery process, minimising disruptions to the supply chain and the amount of stress for you.
Additional Details Concerning MSC Extended Protection
To learn more about MSC’s Extended Protection Solutions, please see our Extended Protection General Terms and Conditions. You can also get additional information via our FAQs or by contacting your MSC representative.
