Risk Charge

 
 
 

 

 
  Risk Charge(R.C)  
 
  • To cover the transit risk of all the shipments, Risk Coverage can be availed on payment of additional charges of 2% of the declared value. The maximum value per shipment covered shall not exceed Rs. 5 Lacs.
 
  Freight On Value (F.O.V)  
 
  • FOV Services are availed in case the client insures the shipments on its own. Overnite issues a certificate of facts (COF) in order to fullfill the requirements of the client to take up the claim from their insurers.
  • This facility can be availed by a nominal charge of 0.5% levied on the value of the shipment. The maximum value per shipment covered shall not exceed Rs. 5 Lacs.