Specialty Cargo

More than just coverage … it’s a partnership.

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RLI’s specialty cargo operation consists of underwriters and loss prevention specialists focused on the hi-tech and life science industries, sharing a vested interest in highly sensitive shipments.

Coverage

RLI specialty cargo offers:

• Broad “all-risk” coverage
• Spoilage and deterioration coverage for our life science assureds
• Seamless coverage for goods, whether in transit, storage or process
• Flexible policy valuation

Other features of our coverage and service include:

• Premium calculated on annual sales or values-no monthly reporting to track
• Marine cargo claims adjusters with strong backgrounds in the industry
• A worldwide claims network

Additional benefits

Experienced underwriting — Our underwriters are among the most experienced in the industry, which allows us to tailor coverage to your specific needs.

Commitment to loss control — We are committed to helping you reduce loss costs with proven risk control methods.

Financial strength — RLI is rated “A+” (Superior) by A.M. Best and “A+” by Standard & Poor’s.

Target Customers

RLI specialty cargo meets the cargo needs of the following business types:

Hi-Tech

• Contract manufacturers
• Capital equipment manufacturers
• Electronic component part manufacturers and distributors

Life Science

• Manufacturers of products in any trial stage before FDA approval
• Manufacturers of bulk product-post FDA approval
• Distributors of life science products
• Life science capital equipment manufacturers
• Medical products manufacturers

Appetite

RLI Specialty Cargo has a broad appetite for a wide range of products, such as:

Hi-Tech

• Capital equipment — steppers, inspection tools, handlers and assembly tools
• Component parts — wafers, mother boards, disk drives and memory
• Finished goods — cell phones, laptops, projectors, PDAs and video games
• Miscellaneous goods — flight simulators, advanced printing machines and aerospace components

Life Science

• Temperature sensitive products — any life science product that must be shipped and stored within a specific temperature range
• Class or scheduled drugs — closely controlled addictive drugs
• Tablets — tablets that require special packaging, handling and moisture control during transit
• Cryogenic vessels — highly sensitive capital equipment that requires temperature controls during transit
• Capital equipment — equipment used to produce drug products and specialty life science equipment such as CAT Scans

Information Required
We require the following basic information to provide a competitive cargo quote:

• Type of merchandise
• Annual insured values and/or gross sales
• Origin and destination
• Conveyance type (including carrier name)
• Packing
• Insuring terms
• Loss history
• Location details (if storage coverage is required)
• Flowchart demonstrating movement of goods (if processing coverage is required)

(Consult actual policy for exact terms, conditions and exclusions governing coverage for this and all RLI products.)

For more information contact:

Allan Ilias
Vice President
Phone: 212-626-7736
Allan.Ilias@rlicorp.com

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