“Customer” means the party which has entered into agreement with UNIVAL Logistics (“UNIVAL”).
UNIVAL Logistics Website (“Website”) can be accessed over the internet at www.unival-logistics.com.
Unless otherwise agreed in writing, these Terms & Conditions for Parcel Insurance (“Agreement”) covers shipments of high-value packages which are protected from loss, damage, destruction, theft, mis-delivery, accident, acts of God, strikes, lockouts during the shipment to or from designated locations.
Scope of Services
Customer may ship his high-value packages with UNIVAL Logistics, and UNIVAL Logistics will permit the Customer to process and print shipping labels though the Website, enjoy discounted shipping rates, and to declare a value per package to be reimbursed for any loss under the t Terms and c Conditions set forth herein.
For each shipment covered, Customer agrees to pay UNIVAL Logistic’s applicable fees for the particular route, carrier, and shipping method of each package. Customer agrees that Customer’s choice to include any shipment under UNIVAL Logistic’s coverage shall not be complete and shall not be effective unless the liability is declared on the Website. If, for any reason, a package is incorrectly declared on the Website, Customer should inform UNIVAL Logistics of the error immediately, preferably no later than midnight in the Time Zone of the place of origin on the date of shipment. Customer may inform UNIVAL Logistics of the correct insurance value via email or fax. Customer shall have no rights to coverage or reimbursements for any package which is declared after a loss has occurred.
UNIVAL Logistics’ Parcel Insurance is backed by our policy with Jewelers Specialty Insurance Service (J.S.I.S.) covering “All Risks” subject to the Terms & Conditions and stipulations of the governing insurance policy.
UNIVAL acts as a facilitator to arrange Parcel Insurance and postage label generation on behalf of its Customer. UNIVAL is not an insurance company and is not affiliated with any insurance company.
General Terms & Conditions
The Customer may use UNIVAL Logistics’ Website to process and print shipping labels and to ship packages through Federal Express (“FedEx”) using UNIVAL Logistics private account. Such shipping labels include the pre-payment of shipping charges in the carrier’s accounting system, to enable carriage of the package without the Customer making any payment arrangements directly with the carrier.
Customer may also use his own private account with FedEx using UNIVAL Logistics’ Website to process and print shipping labels. In this case, Customer will pay carriers directly for shipping labels, but may declare values to UNIVAL Logistics for insurance coverage.
Customer agrees that only shipments with one of the following carriers and services can be covered by UNIVAL Logistics’ Parcel Insurance, whether freight or postage is paid through UNIVAL Logistics or directly to the carrier by the Customer:
The discounted prices that UNIVAL Logistics has negotiated for its Customers for freight charges include the condition that late deliveries are ineligible for the service guarantee refunds normally offered by the carrier with standard pricing. If a guarantee for timely delivery is important to the Customer, the Customer remains free to use his own account for freight charges. UNIVAL Logistics’ Website allows the Customer to either charge shipments directly to the Customer’s own private account with the carrier or to bill freight with UNIVAL Logistics .
Customer agrees that the Customer, not UNIVAL Logistics , is responsible for complying with all laws and regulations of the countries of origin and destination and any other countries involved as to the contents of the shipment, packaging, labeling, reporting, duties, taxes, fees, right to ship the contents, or any other law or regulation with regard to the shipment.
Any delay of the package in Customs due to the Customer’s inaccurate preparation of documents or noncompliance with regulations does not constitute a loss reimbursable under UNIVAL Logistics’ Parcel Insurance, except if Customs actually loses the Customer’s package within the Customs system.
Customer hereby agrees to pay all fees at UNIVAL Logistics’ prevailing rates, which fees may vary depending on the particular type of shipment, category of commodity shipped, declared value, destinations and origins, carrier, class of services, and other details of the shipment. UNIVAL Logistics will offer the prevailing rate to the Customer at the point of sale. The Customer is under no obligation to accept coverage for any shipment if the Customer does not agree to pay the fees quoted. By choosing to proceed and accept the fees displayed, the Customer agrees to pay those fees for said shipment.
The Customer agrees to pay all additional fees as deemed necessary by UNIVAL Logistics as a result of, but not limited to, incorrect weight declaration, incorrect address, additional services not requested at time of shipment, remote address, etc.
UNIVAL Logistics reserves the right to cancel or suspend the Customer’s account and the right to use the Website if any fees owed to UNIVAL Logistics by the Customer remain unpaid after demand or if the Customer commits some other material breach.
Scope of Coverage
UNIVAL’s Parcel Insurance covers shipments as follows:
Customer agrees that only shipments from or to approved countries are eligible for coverage and that shipping to or from certain countries may involve higher premiums fees. Approved countries are itemized in section “Approved Countries for International Shipments” below. Only if a country is listed is insurance coverage available.
Conditions for Parcel Insurance Coverage
Claims
Claims will be paid in 6 weeks unless there is a need for further investigation or unless the involved parties do not provide necessary documentation for claims settlement. The start of the claim process for UNIVAL Logistics’ Parcel Insurance begins right after the Customer receives the claim settlement from the carrier. Any reimbursement received by Customer from the carrier shall be deducted from the limit of coverage of UNIVAL Logistics’ Parcel Insurance. The Customer agrees to inform UNIVAL Logistics as soon as he receives the claim settlement from the carrier.
Coverage under UNIVAL Logistics’ Parcel Insurance terminates once a package is signed for by the recipient at its destination or the carrier has otherwise submitted its standard proof of delivery for the class of service employed, unless the shipment has been properly packed and sealed but on delivery shows evidence of tampering or damage to the container, resulting in a breach of the exterior integrity of the container.
UNIVAL Logistics and Customer agree that except when in violation of the Customer’s instructions to the carrier, a package signed for by any apparent representative of the correct company or individual (e.g., receptionist, front desk clerk, residential occupant, security guard) at the correct delivery address shall be deemed delivered.
In the event of loss or damage, UNIVAL Logistics shall be notified by the Customer within five (5) days after discovery of any loss or damage and UNIVAL Logistics must receive the completed Claim Form no more than fourteen (14) days from delivery date or date that package should have been delivered. Without such notifications, UNIVAL Logistics reserves the right to accept or deny a claim for loss.
In the event of a loss, the Customer agrees fully to cooperate with UNIVAL Logistics and/or insurance company’s adjuster in the course of the investigation. UNIVAL Logistics may request the Customer to submit documents and/or video coverage, as necessary .
If UNIVAL Logistics reimburses the Customer for a loss, UNIVAL Logistics reserves the right to obtain all or part change to “part or all” of the contents of the shipment if they are eventually recovered. If the contents of the shipment are returned to the Customer, the Customer agrees to notify UNIVAL Logistics within five (5) days of the recovery.
UNIVAL Logistics shall have no liability if Customer intentionally conceals or misrepresents any material fact or circumstance before or after a loss. Under no circumstance shall either UNIVAL Logistics or the insurance carrier assume any liability for any false or fraudulent claims. Furthermore, any fraudulent claims may make Customer and/or recipient liable for prosecution under applicable civil and criminal regulations in the country of origin and destination.
Warranties of Customer
Customer expressly agrees, represents and warrants as follows:
Exclusions of Liability
Miscellaneous
Limits of Liability Amounts
Limits of liability assumed for reimbursement to the Customer for losses are the following (below shows maximum values that may be declared by the Customer for each shipment):
Approved Limits by Carrier and Service |
Limit for each package |
FedEx Overnight Air (All Types) |
US $ 150,000.00 |
FedEx Second Day Air |
$ 25,000.00 |
FedEx Ground |
$ 5,000.00 |
FedEx International Priority |
$ 150,000.00 |
FedEx International Economy |
$ 50,000.00 |
Notwithstanding the above limits, for all shipments sent Thursday-for-Monday delivery, sent Friday-for-Monday delivery or sent Saturday-for-Monday delivery, UNIVAL Logistics’ Parcel Insurance liability shall not exceed the following limits:
Delivery Times |
Limit for each package |
Thursday-for-Monday (Second Day Air) |
$ 25,000.00 |
Friday-for-Monday (Overnight Air) |
$ 50,000.00 |
Saturday-for-Monday (Overnight Air) |
$ 50,000.00 |
Approved Countries for International Shipments
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