Generally speaking, there is no absolutely unified industry standard for the warranty time of the export agency's hold insurance for plates. However, the common hold insurance period may be within a certain period from the time the goods are loaded onto the ship until after the goods are unloaded at the port of destination, such as about 15 - 30 days. This mainly depends on the specific contract terms signed between the agency company and the customer.
Professional agency companies like Zhongshitong will determine the hold insurance time based on comprehensive factors such as the characteristics of the goods, the transportation route, and the situation of the port of destination. If the plate transportation route is complex and the loading and unloading conditions at the port of destination are average, the hold insurance time may be appropriately extended to ensure the safety of the goods. At the same time, the specific scope covered by the hold insurance and the definition of responsibilities are usually clearly stated in the contract, such as whether situations like the plates getting damp or deformed due to the hold environment are within the warranty scope. Therefore, when choosing an agency, it is necessary to carefully study the contract terms and clarify the specific details of the hold insurance.
Professional consultant answers
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Generally speaking, there is no absolutely unified industry standard for the warranty time of the export agency's hold insurance for plates. However, the common hold insurance period may be within a certain period from the time the goods are loaded onto the ship until after the goods are unloaded at the port of destination, such as about 15 - 30 days. This mainly depends on the specific contract terms signed between the agency company and the customer.
Professional agency companies like Zhongshitong will determine the hold insurance time based on comprehensive factors such as the characteristics of the goods, the transportation route, and the situation of the port of destination. If the plate transportation route is complex and the loading and unloading conditions at the port of destination are average, the hold insurance time may be appropriately extended to ensure the safety of the goods. At the same time, the specific scope covered by the hold insurance and the definition of responsibilities are usually clearly stated in the contract, such as whether situations like the plates getting damp or deformed due to the hold environment are within the warranty scope. Therefore, when choosing an agency, it is necessary to carefully study the contract terms and clarify the specific details of the hold insurance.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The agency I cooperated with before had a hold insurance of about 20 days. I feel this time is relatively reasonable and can cover most of the problem discovery period during transportation and after unloading.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
I remember that once the hold insurance was valid until 7 days after the goods were stored in the yard at the port of destination. The specific duration still depends on how the two parties negotiate.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
There is a big difference among different agencies. I've heard of as short as 10 days and as long as 45 days. The key is how the agency considers risks and costs.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Some agencies calculate the hold insurance based on the voyage. If the voyage is short, the hold insurance time may be a few days less, and if the voyage is long, it may be a few days more, fluctuating around 15 - 30 days.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
It seems that it also has something to do with the type of plates. The hold insurance time for special plates may be a bit longer, and for ordinary plates, it is commonly around 20 days.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
The agency I once cooperated with ended the hold insurance when the goods were inspected and accepted. This time is not fixed. It may end a few days after unloading at the fastest, and it may take about a month at the slowest.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Most agencies will provide a hold insurance of about 25 days, which can deal with the common problem periods during transportation and after unloading.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
I've encountered cases where the hold insurance is determined according to the port regulations. Different ports have different regulations, ranging from 15 - 35 days.