The optional value of the product to be transported is accurately indicated by the consignor with [QUANTITY] [PER KILOGRAM OR PER ITEM]. The tariffs referred to in this Agreement shall be based on such agreed or declassified value and the carrier`s liability shall be limited accordingly. Protection against loss or damage that goes beyond the carrier`s liability under this Agreement may be acquired, upon request, by the carrier taking out additional coverage. There are two parts in the Carrier Shipper agreement – the agreement between a carrier and a shipper is commonly referred to as the bill of lading. A bill of lading is a legal and important document that the carrier sends to the shipper on the details of the shipment. The information is mainly the destination of the cargo, the description of the cargo, the quantity and Article 1. The carrier and the consignor should benefit from all-risk transport insurance of at least 200,000.00 per lot. The carrier is the party that effectively brings your shipment to the assigned destination. The shipper is the person responsible for packing and preparing the shipment before it is transmitted to the carrier. 4. The carrier should be prepared to present a certificate of insurance upon request. 2.
A carrier should have liability insurance of at least Rs 750,000.00, as provided for in Central Rule 3. Compensation insurance for carriers and shippers must, in accordance with the laws of the State, maintain a bill of lading or an agreement between the carrier and the consignor a document that essentially covers – 5. Ensure a satisfactory safety assessment and provide services offered by a carrier. Your email address will not be published. Required fields are with * Save my name, email address and website in this browser for the next time I comment. Download Smart Business Box for instant access to over 400 business and legal document templates! 6. Agreement between carrier and shipper compliance with applicable laws and rules Get an agreement between carrier and shipper and 400+ ready-to-use business and legal documents. The only business kit that helps you start, manage and grow a business like a professional….