All Pargo parcels sent via bidorbuy automatically include insurance. This gives you even more comfort using the Pargo network, and the peace of mind that your parcels are insured, in the unlikely event that it gets lost or damaged while in transit.
There are some guidelines for being included in the Pargo parcel insurance.
- It must be on all of your parcels – can’t part insure/insure on a parcel to parcel basis
- R2.50 will be added to your rate and all your parcels are covered for an amount up to R1,000 (no excess).
- Should your parcel value be higher than R1000, use the table below to insure parcels for more than R1,000. For example: to insure for R3,000, amount is R2.00 additional on top of your R2.50 i.e. R4.50
Policy cover base limit and premium (Compulsory base): R1 000 loss limit per parcel (R 2.50 per parcel per month premium)
Buy up limits and premium: Increments of R 500 buy up from base at R 0,50 per additional R 500 cover selected per parcel per month.
Maximum cover limit option per parcel: R 40 000
Premium per cover limit table:
COVER LIMIT
PREMIUM PER PARCEL PER MONTH
R 1,000
2.90
R 1,500
3.45
R 2,000
4.05
R 2,500
4.60
R 3,000
5.20
R 3,500
5.75
R 4,000
6.35
R 4,500
6.90
R 5,000
7.50
R 5,500
8.05
R 6,000
8.65
R 6,500
9.20
R 7,000
9.80
R 7,500
10.35
R 8,000
10.95
R 8,500
11.50
R 9,000
12.10
R 9,500
12.65
R 10,000
13.25
R 10,500
13.80
R 11,000
14.40
R 11,500
14.95
R 12,000
15.55
R 12,500
16.10
R 13,000
16.70
R 13,500
17.25
R 14,000
17.85
R 14,500
18.40
R 15,000
19.00
R 15,500
19.55
R 16,000
20.15
R 16,500
20.70
R 17,000
21.30
R 17,500
21.85
R 18,000
22.45
R 18,500
23.00
R 19,000
23.60
R 19,500
24.15
R 20,000
24.75
R 20,500
25.30
R 21,000
25.90
R 21,500
26.45
R 22,000
27.05
R 22,500
27.60
R 23,000
28.20
R 23,500
28.75
R 24,000
29.35
R 24,500
29.90
R 25,000
30.50
R 25,500
31.05
R 26,000
31.65
R 26,500
32.20
R 27,000
32.80
R 27,500
33.35
R 28,000
33.95
R 28,500
34.50
R 29,000
35.10
R 29,500
35.65
R 30,000
36.25
R 30,500
36.80
R 31,000
37.40
R 31,500
37.95
R 32,000
38.55
R 32,500
39.10
R 33,000
39.70
R 33,500
40.25
R 34,000
40.85
R 34,500
41.40
R 35,000
42.00
R 35,500
42.55
R 36,000
43.15
R 36,500
43.70
R 37,000
44.30
R 37,500
44.85
R 38,000
45.45
R 38,500
46.00
R 39,000
46.60
R 39,500
47.15
R 40,000
47.75
All Pargo parcels are now insured on bidorbuy.
Buy up cover excess – 10% of the claim with a minimum of R 250
How do you claim?
- Send email to insurance@pargo.co.za with the subject line “Transport Insurance Claim: Waybill Number”.
- If the goods are damaged, you need to include a minimum of two digital photos of the damage to the goods. One photo needs to show the goods and the damage sustained. The second photo needs to show how the goods were packaged (box and packaging material). The package material must be retained for inspection. More than two photos are preferable.
- You also need to attach a scanned image of the supplier/commercial invoice (or other documented proof) substantiating the invoice value of the goods)
Other important information:
- If damage or loss occurs, you will need to report the incident within 24 hours of it occurring.
- All claim documentation needs to be submitted within 5 days of the reported incident. If we do not receive the claim documentation within 5 days, the Cargo Transport Insurance claim will be void.
- Always check your parcel/package and if possible the content upon delivery for any loss and or damage e.g. examine the outward packing material for loss/damage e.g. any dents to box, missing and/or damage content etc. SHOULD THE OUTWARD PACKING BE DAMAGE OR PART OF THE DELIVERY IS MISSING, PLEASE CONTACT PARGO IMMEDIATELY