Advantages include
c

Premium calculations in accordance with the rates agreed for each client individually even if there are a number of different rates determined for different cargoes/different destinations, etc.

c

At user’s discretion, this online program can issue an insurance certificate which will or will not state the Premium to be paid.

c

The certificate issued automatically states the name of the surveyor at the destination, including contact information.

c The system can be programmed to recognize different insurance values for different commodities. Therefore, the sum calculated for each insured shipment will automatically be given the appropriate pre-calculated rate and premium respectively. In other words, the system can "recognize" and "retain" pre-calculated rates.
c

The online system accepts different currencies and automatically converts them, into US dollars for the purpose of calculating the Premium and the sum of the Insurance Certificate or, at user’s discretion, can issue the Certificate in another currency other than US dollars.

c

The system automatically calculates the additional cost for war, strikes, riots and civil commotions, in accordance with the London Institute War and Strike Clauses for destinations where these outstanding rates exist.

c

The system automatically includes in the Insurance Certificate the deductible determined for each individual client. If there are different deductibles for different destinations/goods - the system identifies the correct ones.

c

The online system enables the user to show the list of Insurance Certificates produced in the past according to several different variables, including: assured names, dates, endorsement numbers and reference numbers.

c

The system can separately produce for the user and each of its clients, monthly bordereaux (Detailed Memoranda) with the ability to bill user’s clients online. These reports are retained online for a period of 12 months.

c

The system enables the user to send Insurance Certificates via email to the user’s clients or to any other third party.

c

The system includes a graphic display of statistics regarding user’s and/or user’s client for the past 12 months.

c

When necessary, the user can download the monthly bordereaux (Detailed Memorandum) file directly onto user’s computer.

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