This insurance provides protection for Insured's liability in its capacity as a freight forwarder for recovery of damages to the third parties that have occurred in the course of performance of his obligations under a contract.
OZK Insurance shall indemnify the Insured when his liability results from the Standard Trading Conditions (STC) of The Bulgarian National Forwarders Association (NSBS), international convention/agreement or law that must apply to the specific transaction or service and/or the conditions of other agreements, approved by the insurer.
