Shipment Value definition
Examples of Shipment Value in a sentence
Shipper requests for Shipment Value Protection over $50,000 per shipment must be pre-approved by DHL.
If Shipper regards these limits as insufficient it must make a special declaration of value and request Shipment Value Protection as described in section 8 (Shipment Value Protection) or make its own insurance arrangements.
In the event You wish to obtain Shipment Value Protection for a declared value in excess of U.S. Fifty Thousand Dollars ($50,000.00), such request would require advance approval from an authorized DHL employee.
Shipment Value Protection does not cover consequential damages or indirect loss or damage, or any loss or damage caused by delays.
If Shipper does not request Shipment Value Protection and pay the appropriate charge, Shipper assumes all risks of loss or damage over the amount of DHL’s liability as stated in Section 5.
At Your request and cost, DHL will provide Shipment Value Protection to You for the value of each shipment as declared by You up to a maximum value of U.S. Fifty Thousand Dollars ($50,000.00).
Shipment Value Protection does not cover indirect loss or damage, or loss or damage caused by delays.
Unless Shipper requests and pays for Shipment Value Protection, and makes a special declaration of value as described in Section 7 at the time of shipment, DHL’s liability for loss or damage to any Shipment or any portion thereof is limited to the lesser of (i) $100.00 or (ii) the actual cash value of the article(s) lost or damaged.
If the Shipment has an actual value greater than the liability limits listed in Section 5, DHL can arrange Shipment Value Protection for Shipper covering the actual cash value with respect to loss of or physical damage to the Shipment, subject to Section 9 herein, provided Shipper completes the Shipment Value Protection section on the front of the Ground Waybill or requests it via DHL’s automated systems and pays the applicable excess value charge.