Between : U.S. Ports and Points and Worldwide Ports and Points
Rule Number : 12-0 : AD VALOREM RATESThe Liability of the carrier as to the value of the commodity rates provided herein shall be determined in accordance with the clauses of the Carrier’s regular Bill of Lading Form.If the Shipper desires to be covered for a valuation in excess of that allowed by the carrier’s regular Bill of Lading Form, the shipper must so stipulate in the manner required by the Carrier’s Bill of Lading covering such shipments, and such additional liability only will be assumed by the Carrier at the request of the shipper and upon payment of an additional charge of four percent (4.0%) Ad Valorem of the total declared valuation and shall be in addition to the stipulated commodity rate applying on the commodity shipped.
A Shipper who elected to show value of the goods on the Bill of Lading shall be deemed to have desired to be covered for the value in excess of that allowed by the Carrier’s regular Bill of Lading, and shall be assessed the additional Ad Valorem Charge as specified above.