Property damages are events which are not taking place directly on the goods. A classic event is, that your freight forwarder assigns an incorrect HS CODE under a Customs clearance of your goods, whereby an excessive rate of duty is applied.
In addition, the appeal deadline is not met, so that a application for the refund of the excessive duty is not possible anymore.
Damage to your property, clearly occurring under the custody of your freight forwarder and is therefore regulated within our COMBINED LIABILITY INSURANCE POLICY FOR TRANSPORT OPERATORS.
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