Phoenix insurance broker

Insurance Types

Transporter's Liability

International shipments
This policy protects the insured against claims regarding loss or damage to the cargo, which have occurred during transportation. The goods are covered up to their actual price value, but not exceeding 8.33 SDR ( Special Draw Rules ) per kilogram of missing cargo weight. Upon client request, we offer extended transporter’s liability, up to $20 (USD) per kilogram of missing cargo weight. The standard coverage can also be extended to cover the container and the associated equipment in the event of an accident, fire or natural disasters. All extensions are subject to an additional premium

Additional reimbursement is available for the following expenses:
  • Salvage of the cargo, including storage for up to 48 hours in the event of a road accident;
  • Estimates of emergency officials and filing of official report;

The insurance policies can cover a given time period (1 month, 3 months, 6 months or 1 year) or a specific shipment.

Domestic Trips (within Republic of Bulgaria)
This policy protects the shipments made by the insured in accordance with the Law of Motor Cargo Transportation as well as part 3, chapter 26 from Commerce Law, with the exception of the dangerous cargo from class 1a, 1b, 1c and 7 or the Convention for International Road Cargo Transport (ARD).

The coverage can also be extended to include:
  • Transport of livestock;
  • Containers;
  • Theft of the cargo in the event of an armed robbery;
  • Theft of the entire vehicle;


Reimbursement is awarded for any damaged goods, up to their actual price value, but not exceeding 8.33 SDR per kilogram of gross missing cargo weight in the equivalent lev amount in accordance with the exchange rate of the Bulgarian National Bank on the day of the accident, or the value of the cargo in accordance with the commercial invoice, depending on which of the two is the smaller.

The insurance policies can cover a given time period (1 month, 3 months, 6 months or 1 year) or a specific shipment.