Forwarding, logistics and storage insurance certificate
The forwarding, logistics and storage insurance certificate ( SLVS ) is an insurance certificate for liability insurance for freight forwarders . This type of insurance must be taken out in accordance with the General German Forwarding Conditions (ADSp) and, if necessary, evidenced by the insurance certificate.
The SLVS as an attachment to the ADSp
On May 29, 1998, the new version of the General German Forwarding Conditions (ADSp) was resolved with the SLVS. As a result, an insurance model, the SLVS, was added to the transport industry in Germany as a supplement to the already available ADSp contract regulations recognized by German jurisprudence.
The SLVS was the model of Victoria Versicherung AG and Oskar Schunck KG . It is a registered trademark of Oskar Schunck KG.
With the new version of the ADSp, the SLVS replaced the old model "SVS / RVS", the "forwarding insurance certificate / rolling transport insurance certificate". The changes had become necessary as a consequence of the regulations of the Transport Law Reform Act (TRG), which came into force on July 1, 1998.
The ADSp with the appendix SLVS were then proposed to the Federal Cartel Office as a draft condition recommendation. However, the Bundeskartellamt objected to the fact that no prices should be mentioned in a condition recommendation, but the premiums of the SLVS were broken down and the recommended insurance should not be the product of a specific provider. Since the transport industry needed a legal basis in order to be able to work at all, it was decided to limit the recommendation of the ADSp with the SLVS to December 31, 1998. This was implemented accordingly and so the term SLVS disappeared from the ADSp on January 1, 1999, which instead received the annex “ Minimum Conditions for Forwarding Insurance ” (SPV) in 1999 .
Content of the SLVS
The SLVS consisted of a liability insurance part and a damage insurance part. Unlike before, the premium for the liability insurance part was no longer borne by the client, but by the freight forwarder himself.
The liability, which a freight forwarder could only invoke if he had taken out freight forwarding insurance, provided for the following limitations:
Liability for damage to goods (with the exception of ordered storage):
- for damage during shipping (especially handling): DM 10 per kilogram,
- for damage during transport: regular statutory liability limit (e.g. CMR : 8.33 SDR , WA : DM 53.50 per kilogram),
- for contracts for multimodal transport including sea transport: 2 SDRs per kilogram,
- In any case, a maximum of DM 2 million or 2 SDRs per kilogram per case of damage,
- in any case DM 10 million or 2 SDR per kilogram per damaging event.
- Liability for anything other than damage to goods: triple the amount of the freight forwarder fee.
Liability if storage is ordered:
- for damage to goods: DM 10 per kilogram, maximum DM 10,000 per case of damage (with inventory difference DM 50,000),
- for other than damage to goods, a maximum of DM 10,000 per claim,
- in any case DM 100 million per damaging event.
Today's importance of the SLVS
The SLVS from Oskar Schunck AG & Co. KG continues to be used by many market participants. Even if another insurer is used, the service item "SLVS" often still appears on the invoices of the transport industry, which is a generally understandable synonym for billing for the coverage of the premium for the minimum conditions for the forwarding insurance (SPV).
In addition to Oskar Schunck AG & Co. KG, insurance for warehousing , forwarding and transport can also be obtained from other insurance brokers.
