How is Eurasia Rail Express Delay Insurance different from a standard cargo policy?

Traditional cargo insurance covers physical damage or loss (the 'Box'). Eurasia's Parametric Delay Insurance covers financial losses caused by time (the 'Clock'). We bridge the gap for consequential losses like factory downtime or missed sales, which are typically excluded from standard policies.

What is Parametric Insurance and why is it faster for rail and sea freight?

Parametric insurance uses objective data triggers (like GPS or AIS satellite tracking) rather than subjective claims assessment. Once the delay threshold—such as 10 days for sea or 24 hours for air—is verified by our independent data oracles, a payout is triggered automatically without the need for a claims adjuster.

Do I need to prove a financial loss to receive a payout from ESCM?

No. Unlike traditional claims, you do not need to provide invoices for lost sales or proof of business interruption. The payout is triggered by the event of the delay itself, providing immediate liquidity that you can use however you need to mitigate the disruption.

What are the specific delay triggers for Asia-Europe transit?

We offer precision triggers tailored to your mode of transport. For Air Cargo, thresholds include 6, 12, or 24-hour delays. For Maritime Freight via the Middle Corridor, triggers are set at 6, 8, or 10-day delays. Coverage begins the moment cargo departs the origin port.

What is Maritime Parametric Cargo Delay Compensation?

It is a data-driven financial guarantee triggered by transit time. If AIS satellite data confirms a vessel is delayed beyond a 10-day threshold, a payout is triggered automatically without the need to prove physical damage.

Does the delay insurance cover the Middle Corridor rail route?

Currently, Parametric Delay Compensation is available for Maritime and Air freight. Rail shipments between China and Europe are not yet covered by this specific automated payout model.

ESCM Eurasia Rail Express: SERVICES

Sea Cargo Delay Compensation

Sea cargo delay compensation pays out when a covered shipment meets the agreed delay trigger.

Protection against late freight

A late container can leave you short of stock or waiting for parts, even if the goods arrive undamaged. Delay compensation helps you to manage the financial impact of a delay, as long as the agreed terms are met.

A simple way to protect against serious delays

Parametric insurance links payment to a measurable event. The cover is based on a clear rule, such as “10 days late.” If that rule is met, compensation is paid according to the policy.

Check availability

Send us your route, cargo type and planned shipping date. We’ll let you know which cover is available and the deadline for setting it up.

Review terms

Check the covered journey, delay trigger, compensation, limits and exclusions before accepting cover.

A delay triggers payment

Shipment data is checked against the agreed delay threshold. If the threshold is met, payment is made according to the terms of the cover.

What a qualifying delay could pay?

Your payout depends on the cover arranged before shipping. Some policies can pay up to 100% of the agreed covered amount if the delay reaches the relevant threshold. Ask us what payout levels and limits are available for your shipment. You can then compare that protection with the potential cost of a delay to your business. The payment won’t necessarily cover every cost or loss caused by the delay.

Five things to check before you ship

Covered milestone

Does the protection measure port arrival or another point in the journey? Port arrival and warehouse delivery are different events.

Reference date

Which date is used to assess lateness, and what happens if the carrier revises its schedule?

Delay threshold

How long must the delay last before compensation is triggered?

Payment terms

What amount or calculation applies, what are the limits and when would payment be made?

Scope

Which routes, cargo and events qualify, what is excluded and when must cover be arranged?

Get sea shipment protection

Send us your origin, destination, cargo type and planned shipping date. If you have a required arrival date, include that too. We’ll explain what delay protection is available and the terms that apply.

Frequently Asked Questions

Does delay protection replace cargo insurance?

Cargo delay protection is separate from standard cargo insurance. Before deciding whether to take it or not, check how your existing cargo policy treats physical loss, damage and delay, then compare that with the proposed delay cover.

Is it an on-time delivery guarantee?

No. Our cargo delay protection provides compensation for a qualifying delay under the agreed terms, but doesn’t guarantee when your goods will arrive.

My cargo is already late. What should I do?

If your cargo is already late, check whether delay cover was arranged for the shipment. If you arranged it through us, let us know your shipment reference to check the applicable terms. Cover normally needs to be arranged before the relevant journey begins, so it may not be possible to add protection once a delay has already occurred.

Are weather, strikes and route changes covered?

The policy’s scope and exclusions determine which events qualify. Ask us to check the terms for the disruption you are concerned about.

Tailored Freight From Asia to the Nordics

Combining rail and sea, ESCM helps Nordic SMEs build greener supply chains without sacrificing reliability.

Offices in Hong Kong · India · Estonia Reliable freight with regular updates Delivering on time since 1998

Eurasia Supply Chain Management Ltd Unit G, 15/F, TAL Building, 49 Austin Road, Kowloon, Hong Kong SAR China

EURASIA SUPPLY CHAIN MANAGEMENT LIMITED EESTI FILIAAL Harju County, Tallinn, Nõmme District, Seene Street 26a, 11621, Estonia

EORI Number: FIHK2510231226546

Email: info@eurasia-scm.com

Tel : +358 75 3251219

www.eurasia-scm.com