Unless you specifically agree to other arrangements,
CanAmerican assumes liability for your shipment
based upon your purchase of Full Value Protection.
When you select this option, articles that are
lost, damaged or destroyed will, at CanAmerican'
option, be either repaired, replaced with articles
of like kind and quality, or a cash settlement
will be made for the repairs or for replacement
of the articles at their current value, regardless
of the age of the lost or damaged articles. The
minimum declared value of a shipment for Full
Value Protection is $10,000 or $5.00 multiplied
by the total weight of the shipment in pounds,
whichever is greater.
Example of Full Value Protection
The approximate cost for Full Value Protection
is $20.00 for every thousand dollars of coverage
you decide to purchase. For example for $10000.00
coverage your cost will be $200.00 with $150 deductible.
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