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Making a move involves many unknown and sometimes unforeseeable risks. To cover and protect against these risks, Nobel Panama Relocation offers a comprehensive insurances service to ensure the safety of your consignment in transit. The Nobel Panama affiliation with overseas insurance companies insures expeditious settlement of claims in foreign currency.
Please contact us for more info. |
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TRAVEL GUARD PROGRAM |
Declared value coverage or replacement value coverage |
Coverage to and from all points of the free world except EMBARGOED countries |
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All risk door-to-door coverage fro international household goods/personal effects shipments and passenger carrying vehicles.
Rates are based on door-to-door transportation services.
Up to 60 days storage-in-transit. Extensions are available at $25 per person $100 of value for each day period or any fraction thereof.
- DECLARED VALUE COVERAGE: Valued declaration of the entire shipment must be provided to NOBEL PANAMA RELOCATION with certificate reporting copy. Claim settlement will be based upon the declared value specified on the declaration, or the cost of replacement, or the cost of repair, whichever amount is less.
If valued declaration of the entire shipment is not provided, claim settlement will be based upon the actual cash value (replacement cost, less depreciation) of the property at the time of loss, or the cost of replacement, or the cost of repair, whichever amount is less. Note: A declaration/value list of high value items should be provided to NOBEL PANAMA RELOCATION with certificate reporting copy to avoid limited recovery.
- REPLACEMENT VALUE COVERAGE: Declaration/value list of high value items MUST be provided to NOBEL PANAMA RELOCATION with certificate reporting copy, and the entire shipment must be insured at 100% of its current replacement cost.
In the event of claim, full replacement value coverage allows for replacement with new items of comparable quality, or the declared value, or the cost of repair, whichever amount is less. Recovery is limited to the total insured value.
- VEHICLE COVERAGE: Automobiles, motorcycles, and /or boats; vehicle must be specifically declared. Coverage is at actual cash value (depreciated coverage).
Insurance Premium Rates per $100 of Value are: |
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Declared Value Coverage; |
Replacement Value Coverage; |
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Surface |
Air |
Surface |
Air |
| $500.00 Ded. |
$1.50 |
$1.05 |
$1.75 |
$1.30 |
| $250.00 Ded. |
$1.65 |
$1.20 |
$1.90 |
$1.55 |
| $100.00 Ded. |
$1.80 |
$1.35 |
$2.05 |
$1.60 |
| $ 50.00 Ded. |
$1.85 |
$1.40 |
$2.10 |
$1.65 |
| No Deductible |
$2.15 |
$1.45 |
$2.40 |
$1.70 |
| Minimum Premium: |
$65.00 |
$65.00 |
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