The moment you stamp a B/L, you take on liability for the client's cargo. Whether an incident occurs in carriage, storage or transhipment, or third-party loss arises, the indemnity follows. Freight Forwarder's Liability (FFL) covers the full liability of a KIFFA · FIATA · IATA B/L operator in one place. Compare quotes from 6 insurers in one sitting.
Freight Forwarder's Liability (FFL) covers a forwarder's or multimodal-transport operator's legal liability for cargo loss and third-party loss arising while it receives a client's goods and carries, tranships, stores, clears and delivers them internationally.
Core cover has three pillars: ① goods-legal liability to the cargo owner, ② third-party liability, and ③ professional indemnity. For operators issuing KIFFA · FIATA · IATA B/Ls.
Liability to the cargo owner for loss in carriage, storage, transhipment and clearance
Bodily-injury and property liability to third parties arising from forwarding work
Professional liability for errors in advice and document handling
Integrated cover across sea, air and inland multimodal transport
| Period | 1-year renewable |
|---|---|
| Payment | Single or instalments |
| Main insurers | Chubb (Marine division) · AIG · Meritz |
| Turnaround | 5–10 business days |
Situations we see often — a quick self-check by scenario
Covers liability as a forwarder and contracting carrier.
Manages liability exposure by the form of forwarding or contract.
Covers liability across the multimodal chain broadly.
Hedges the risk of liability to the cargo owner for loss to entrusted cargo.
The wording and structure points most often overlooked
The scope of cover depends on the capacity in which you bear liability.
Check the liability limits and exclusions of the applicable standard terms.
Check for overlap or gap with a carrier's liability.
The questions most often asked when considering FFL insurance
FFL covers the legal liability a forwarder or multimodal transport operator owes the cargo owner and third parties while arranging, transhipping, storing, clearing and delivering international cargo entrusted to it. Carrier's liability insurance, by contrast, mainly addresses the liability a domestic carrier bears for cargo loss in transit. The responsible party and the transport leg differ, so it is wise to check both covers together for overlap and gaps.
International freight forwarders issuing KIFFA / FIATA / IATA bills of lading, multimodal transport operators (NVOCCs) and contracting carriers are the main buyers.
Three pillars — goods (legal) liability to the cargo owner, third-party liability, and professional indemnity — covering cargo loss and third-party loss arising in transport, transhipment, storage, clearance and delivery in an integrated way. Detailed cover and exclusions follow the wording.
The insurer rates it on the cargo handled, route, annual volume, the form of B/L issued and prior loss history. The exact premium and acceptance terms are confirmed after the insurer's underwriting review (AIG · Chubb · DB · Hyundai · KB · Meritz).
Full Korean statutory disclosures — depositor protection, tax treatment, signature requirements, the insurance-fraud reporting center and dispute resolution — are provided on the Korean version of this page.
Freight Forwarder's Liability · comparison quote
We integrate goods-legal liability, third-party liability and professional indemnity for operators issuing KIFFA / FIATA / IATA B/Ls, and compare 6 insurers.
Coverage, exclusions and limits are governed by each insurer's wording, and the final premium is confirmed after the insurer's underwriting review. Our fee is paid by the insurer, so there is no extra cost to you (Article 98 of the Insurance Business Act).
