CFL recently issued the following Advisory to our Clients regarding the automatic application of Cargo Insurance protection beginning in time for the Peak Season.
As valued Customer we would like to inform you that effective immediately, CFL will automatically apply cargo insurance protection of US$10,000 for Dry Containers at a Premium of US$50.00 per Container and US$15,000 of protection for Reefer Containers at a Premium of US$70.00 per Container.
Please note you have the option to decline the Insurance coverage but with the current supply chain logistics conditions, we strongly recommend you take advantage of this Value Added Service for your Cargo especially during the Peak Season.
If you wish to decline, you can submit the Waiver Form so the Insurance cost & protection is not applied to your shipments.
You also have the ability to purchase additional Insurance coverage should the value of your Dry or Reefer shipment exceed the above values.
Feel free to reach out to your local CFL representative if you have any questions.
Thank you for your continued support!