Civil liability of the transporter as carrier - in international traffic (CMR)

The insurance covers the contractual civil liability of the Insured, as international carrier of goods on roads, as resulted from the Convention on the Contract for the International Carriage of Goods by Road (CMR) signed in Geneva as of 19.05.1956, entered into force on 02.07.1961 and amended by the Protocol as of 05.07.1978. Compensation is granted for the loss/damage of goods during transport carried out on roads. Within the limit of the liability mentioned in the insurance contract, it also covers reasonable expenses incurred to prevent the occurrence of the damage of goods that may fall under the incidence of the insurance policy.

The coverage of the policy is valid when the place where the goods are to be received and the place stipulated for release, as indicated in the contracts, are located in two different countries, of which at least one is a signatory country of the CMR convention.

The insurance is also valid if, for certain portions of the route, the vehicle containing goods is transported by sea, railway, interior seaway or airline, in carrying out a single transport agreement, without unloading the goods from the vehicle.