Small Business Advice

UPS Capital Insurance Agency Announced Shipping Insurance Coverage Options Available to Small and Mid-Size Companies

UPS Capital Insurance Agency, Inc., an auxiliary of UPS (NYSE:UPS), declared today that it will make extra transportation insurance inclusion choices accessible to little and fair size organizations utilizing AscendTMS, a result of InMotion Global.

This enhancement to the generally famous delivery stage will give transporting protection to AscendTMS® clients permitting them to tailor inclusion dependent on their necessities.

"We are offering a better option – a true insurance solution to cover the full value of goods,” said Mark Robinson, president of UPS Capital. “Our goal in working with AscendTMS is to provide businesses a frictionless, digital way to protect their shipments against loss and damage.”

This tweaked approach is accomplished by giving clients four unique alternatives dependent on their favored deductible. The alternatives mirror "hole inclusion" where the client tailors inclusion so they just purchase what they need. Consequently, they get a top tier claims experience that has been profoundly appraised in client surveys.

Benefits include:
  • Coverage that pays on the occurrence of a loss regardless of carrier fault
  • Limits and coverages tailored for SMBs
  • A best-in-class claims settlement process, highly rated by other SMBs

The run of the mill AscendTMS client is reserving enormous burdens, with a major level of exchanges moving by means of full truck load at higher all out qualities. Up to this point the main choice was to buy overabundance obligation from the transporter, which can frequently be more costly, or from their insurance specialist which can require some serious energy.

“We have given customers multiple options depending on their risk appetite and the coverage they desire or need,” said Tim Higham, president and CEO of InMotion Global. “If the carrier has provided them with $100,000 of coverage and they need more, we can now offer options to fill the gap if the load is valued higher.”

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