Insurance

Insurance

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Shipments

Inside North America 

Queen's carries a multi-peril transportation insurance policy that covers all university property in transit (either by railroad, public truckers, or transportation companies including the insured's own vehicle) from the time the insured property leaves the factory, store, or warehouse (the initial point of shipment) until it is delivered to its destination.

Some of the details of this policy are as follows:

  • this policy is effective in Canada and the continental United States;
  • the liability limit is $250,000;
  • the deductible is $5,000;
  • all shipments valued in excess of $100,000 must be reported to the insurance carrier. Please contact the Office of Insurance and Risk Management if you are shipping an item valued in excess of $100,000

Please note the following items need to be referred to Insurance and Risk Management (as they are not automatically covered) prior to shipment in order for the insurer to review.

  • Antiques, Art/Collectibles
  • Bank  Notes/Coins/Valuable Papers
  • Computers, Laptops, Tablet Computers, Handheld Entertainment and/or Gaming Devices, Computer Chips/Memory/Motherboards/Mainframes
  • Exhibitions
  • Furs/Skins, Jewelry/Watches/Precious Stones/Metals
  • Radioactive/Hazardous/Restricted or Controlled Items.
  • Prescription Drugs and Pharmaceuticals
  • Used Clothing (Commercial Shipments)
  • Temperature Controlled Goods. Primate/human blood
  • Bone Samples
  • Prescription Drugs and Pharmaceuticals
  • Live Specimens
  • DNA
  • Proteins
  • Food Grade Peptides
  • Amplifier Blood
  • Frog Tissue, Pig Tissue,
  • Trees & Plants, Transgenic Plants or Animals, Insects, Bugs
  • Nucleotides or Proteins Canine Tissue
  • Air Samples
  • Plasmids
  • Cell Lines, Cell Culture
  • Preserved Specimens

Outside North America 

The property in transit policy does NOT cover shipments outside of North America. All goods shipped outside the continental United States or oversees should be reported to the Office of Risk and Safety Services at 613-533-2005 in order to secure the appropriate insurance coverage.

Recommendations

As a matter of procedure, the Office of Risk and Safety Services recommends the following:

  • departments using UPS, Purolator, Federal Express, or similar services should always indicate a value for the goods shipped on the bill of landing if the service offers a token amount of free insurance (e.g., UPS offers $100 of free insurance per shipment, therefore claim the actual value if below $100 and claim $100 for any shipment valued in excess of $100);
  • goods should be sent "FOB Queen's University" rather than FOB the warehouse, which means that Queen's does not accept liability until the goods are delivered and installed at the university;
  • all shipments valued in excess of $100,000 should be reported to Bryan McGann Manager, Insurance & Risk Management in the Office of Risk and Safety Services at 613-533-2005 prior to shipment;
  • all goods shipped outside the continental United States or oversees should be reported to Bryan McGann Manager, Insurance & Risk Management in the Office of Risk and Safety Services at 613-533-2005 in order to secure the appropriate insurance coverage.