Posts

How To Make Sure You Do Not Get Swindled By Insurance

No one wants to get swindled by their insurance company, but it can be tough to know what to watch out for. In this blog post, we will discuss some of the most common ways that insurance companies try to take advantage of their customers. We will also provide some tips on how to make sure you do not get ripped off. So, whether you are shopping for insurance for the first time or just want to make sure you are getting the best deal possible, read on!

Policies With High Deductibles

One of the most common ways that insurance companies swindle their customers is by selling them policies with high deductibles. A deductible is the amount of money you have to pay out of pocket before your insurance company will start paying for your medical expenses. Many people think that they can save money by choosing a policy with a high deductible, but this is often not the case. In fact, you may end up paying more in the long run if you have to meet your deductible multiple times.

Namely, if you want to be absolutely sure you are receiving the best support and information from insurance, there are now AI auto insurance options as well. In this case, you are using technology to get a hold of the best insurance deals and be sure that you will not be swindled in any way.

You may also be tempted to choose a high deductible because you think it will make your monthly premiums lower. However, this is not always the case. In some instances, insurance companies will offset the lower monthly premium by increasing the deductibles. So, be sure to read the fine print before you commit to a policy.

Pre-Existing Conditions

Another way that insurance companies take advantage of their customers is by refusing to cover certain pre-existing conditions. A pre-existing condition is a medical condition that you had before you applied for the policy. In some cases, insurance companies will not cover any expenses related to a pre-existing condition. In other cases, they may only cover a portion of the expenses. This can be very frustrating for people who have pre-existing conditions and need insurance coverage.

If you have a pre-existing condition, it is important to shop around for an insurance company that will cover your condition. You may also want to consider getting a policy through the government’s health insurance marketplace. The marketplace offers policies from different insurance companies, and you may be able to find one that covers your pre-existing condition.

Some Insurance Agencies Refuse To Pay Claims

Another way that insurance companies take advantage of their customers is by refusing to pay claims. If you have a valid claim, your insurance company should pay it. However, some companies will try to find ways to avoid paying, such as by saying that your claim is not covered by your policy. If you think your insurance company has wrongfully denied your claim, you should contact an attorney who specialises in insurance disputes.

For example, let’s say you are in a car accident and you have to go to the hospital. Your insurance company may try to deny your claim because they say that your injuries are not severe enough. However, if you have an experienced attorney on your side, they will be able to fight for you and make sure you get the compensation you deserve.

Beware Of Door-To-Door Salesmen

Another way that people get swindled by insurance companies is by buying policies from door-to-door salesmen. These salesmen are often not licensed and they may be selling fake policies. If you are thinking about buying insurance from a door-to-door salesman, make sure to do your research first. Instead, you should always get quotes from multiple companies before you make a decision. This way, you can be sure you are getting the best deal possible.

Moreover, if an insurance salesman comes to your door, do not let them in. Instead, ask for their business card and tell them you will call the company they work for. Once they are gone, look up the company online and see if they are legitimate. If you can’t find anything about the company, it is probably best to avoid doing business with them.

Raised Premiums Without Justification

Finally, insurance companies often try to raise premiums without justification. If you have been with the same company for a while, they may try to raise your rates every year, even if you have not had any accidents or made any claims. If you think your insurance company has unjustly raised your rates, you should shop around for a new policy.

The raised premium may not be a lot, but over time, it can add up to a significant amount of money. One way to uncover if your insurance company is doing this is to get quotes from other companies. If you find that you are paying significantly more than others, then it is time to switch insurers.

To conclude, remember to always read the fine print before signing up for an insurance policy. In addition, be aware of common scams that insurance companies use to take advantage of their customers. If you are ever in doubt, always consult with an attorney who specialises in insurance disputes. By following these tips, you can make sure you do not get swindled by your insurance company.

The Importance of Compliance for Your YouTube Channel Growth

YouTube is now the second most popular search engine, behind Google. YouTube is also the most popular video-sharing website in the world. In addition, YouTube is the number three social media site after Facebook and Twitter.

Since YouTube is so popular, it only makes sense that business owners would want to invest in YouTube marketing. YouTube marketing can be a great way to reach a large number of people, but YouTube marketing only works if you are in compliance with YouTube’s policies and guidelines.

YouTube’s Policies and Guidelines

YouTube has a lot of different guidelines and policies, some of which are common sense, and some of which are not. This is why it is important to learn about YouTube’s policies before you start creating videos for YouTube.

  • General Guidelines – YouTube has specific guidelines for all videos. These guidelines include rules about profanity, violence, nudity, and copyright infringement. These guidelines are common sense, but it is important to learn about these guidelines before you upload a video to YouTube.
  • Rules for Creators – In addition to YouTube’s general guidelines, YouTube has specific guidelines for creators. YouTube’s rules for creators include rules about hate speech, harassment, and spam.
  • Rules for Advertisers – YouTube also has its own guidelines for advertisers. These guidelines include rules about advertising on YouTube and advertising on videos.
  • Rules for the Community – YouTube also has rules for the community. The rules for the community include rules about comments, spam, and bullying.
  • Rules for Copyright Artists – YouTube also has rules about copyright artists. These rules include rules about music, content, and videos.
  • Privacy Policies – In addition to YouTube’s guidelines, YouTube also has privacy policies. YouTube’s privacy policies include rules about information, videos, and users.

Complying with federal laws and regulations

On top of YouTube’s own policies and guidelines, you might also be subjected to federal laws and regulations. Here are some of them:

  • Federal Trade Commission (FTC) – The FTC has rules about endorsements and testimonials. This means that if you are endorsing a product, you cannot make false claims. 
  • Health Insurance Portability and Accountability Act (HIPAA) – The HIPAA has rules about health information. This means that if you are producing a video that contains health information, you cannot contain health information that is not appropriate for minors. 
  • Children’s Online Privacy Protection Act (COPPA) – COPPA protects information belonging to children under the age of 13. If your business is operating in the childcare industry, you must comply with COPPA.
  • Food and Drug Administration (FDA) – The FDA regulates food, drugs, cosmetics, and medical devices. Any claims and endorsements related to your products must comply with FDA guidelines. 

How to stay compliant: 5 best practices

Now that you know what YouTube’s policies and guidelines are, how can you stay compliant? Fortunately, there are some best practices that will help you to stay compliant.

1. Keep records

As a business owner, you probably already have a lot of records. However, you should also keep records of your YouTube content as well as comments. You might be tempted to delete negative and offensive comments, however, you might also be breaking a law.

Depending on your industry, YouTube comments might be considered public records. This means that negative comments and videos might be protected under the FOIA laws and the First Amendment.

Therefore, you should keep your records, especially your YouTube comments, for a prescribed period of time. With a cloud-based social media archiving solution, you can store all of your comments and videos in one secure location.

2. Create disclaimers

Another thing that you should consider doing is creating disclaimers. This means that if your video or comment contains content that is not appropriate for children or for minors, you should include a disclaimer in the video or comment.

You should also include disclaimers for videos or content that contains health or financial advice. Any unsupported claims, endorsements, or recommendations could result in a violation of federal laws.

3. Regularly review guidelines and policies

You should regularly review YouTube’s policies and guidelines. YouTube’s rules and policies change all the time.

In addition to YouTube’s rules and policies, you should also review federal laws and regulations. New laws might be created that could affect your industry. If new laws are created, you should adjust your YouTube videos to meet the requirements.

4. Educate your employees

You should also train your employees about YouTube’s rules and policies. Employees should know about you YouTube’s rules and policies before they create videos. Otherwise, they might accidentally break a rule.

5. Hire a lawyer

There is no reason to try and figure out YouTube’s policies and guidelines on your own. Instead, you should hire a lawyer. An attorney can help you to ensure that you are in compliance with both YouTube’s rules and policies and federal regulations and laws.

Conclusion

YouTube can be a great marketing tool for your business. YouTube can help your business to get the word out about your products or services. However, YouTube can put your business at risk of being in violation of federal regulations and laws. Therefore, it is important for your business to stay in compliance with YouTube’s policies and guidelines.

Corporate Ethics vs. Corporate Code: What is the Difference?

A company’s corporate code is a complete list of corporate rules, common goals, and values. Most often it is a large document that spells out all the laws of your company to the smallest detail. Corporate rules are legally binding and enforceable internal rules and policies for data transfers within multinational group companies and work in a way somewhat similar to an internal code of conduct.

It may include the history and mission of the company, the departmental structure, company procedures (hiring, onboarding, employee evaluations, training, dismissal standards), internal regulations (working hours, sick leave, vacations, holidays, workplace), company policy (confidentiality of data, security rules).

Corporate ethics is one of the important sections of the corporate code. It is mentioned in the welcome book so that newcomers could better adapt to the company and get acquainted with the company standards. There are many exciting opportunities with brands such as CasinoChan Canada.

Basics of corporate ethics

The corporate ethics of the company is built on common values, traditions, and norms of behaviour of the employees.

Its basis consists of such components as:

  1. Company values are shared by every employee.
  2. Adherence to the overall mission of the company.
  3. Belief in the success of the company.
  4. Productive cooperation between employees allows for achieving common goals.
  5. Career development: training, courses, advanced training.
  6. Motivation, performance appraisal, remuneration.
  7. Norms of business behaviour, style of dress.

The aggregate of these characteristics makes up the ethical basis. Each employee, coming to the company, follows these rules and thereby forms the corporate ethics of the company.

Advantages of having corporate ethics in the company

There are several important benefits to having an ethical company that makes it stand out from the rest. For example, the corporate ethics policy unites and consolidates the staff. It helps create a team of people with the same goals and mission. And it doesn’t mean whether the people are working in a support of a virtual office, in a marketing agency, law firm or volunteer organisation.

Traditions become the basis of a respectful attitude towards each other. And in such an atmosphere it’s much easier to work on common tasks and achieve the desired results.

Creating a positive image of the company is also important. In today’s world, with more and more companies, having a positive image is not a privilege but a necessity. This will not only help the business attract investors but also be a guarantee the quality of your services among your partners. A company with well-regulated processes and a well-organised workflow deserves more confidence from its clients.

Corporate ethics also plays role in the adaptation of newcomers: newcomers who have just joined a company more easily endure the onboarding period if they have a general understanding of the company and its processes. The list of rules and regulations relieves a new employee from unnecessary questions and makes it clear at once whether the company suits him or not.

SOME MISTAKES THE FOUNDERS DO WHILE CREATING A CORPORATE CODE:

What are the main mistakes companies make when creating corporate ethics rules? Creating rules does not mean following them. It is important not only to write down the correct principles but also to put them into practice. And copying someone else’s ethics is an unacceptable mistake in developing a corporate culture. Until the company finds its true face, it cannot develop as it should.

The other important mistake is connected to slogans. A company that sets out its code of ethics in slogans does not say anything concrete, which means it has nothing to say to its employees.

And so corporate ethics is much more than just a set of rules, ideas, and slogans. It is a company philosophy that defines its life and has an impact on its success.

How You Can Improve HR Compliance: An Essential Guide

Compliance is an essential part of HR, and it can be a difficult responsibility to shoulder. To make sure that your company stays on the right side of the law, we’ve put together this guide for you. We’ll take you through some strategies to help improve compliance in your workplace – from keeping up with current legislation to creating a culture of self-policing and transparency.

Communicating With Employees

Employee communication is a critical component of HR compliance. Employees should be kept up to date on any changes or new policies, and they should be able to ask questions if they have them. This can be done in a variety of ways, such as through email, memos, or meetings.

By ensuring that employees are well-informed, you can help minimise the risk of noncompliance. If an employee needs more information about personal leave or harassment prevention, for example, they will be more likely to comply with your policies if they are aware of them. Regular communication is key to a successful HR compliance program. Make sure you are regularly updating employees on any changes, and that they feel comfortable asking questions if they have them. This will help create a positive working environment and minimise the risk of noncompliance.

Setting Up Policies & Procedures

One of the most important steps in improving HR compliance is setting up effective policies and procedures. This will help ensure that everyone in your organisation understands their responsibilities when it comes to workplace law. Policies and procedures should be tailored to your specific business, so make sure you consult with an attorney before drafting them.

Some of the key topics that should be covered in your policies and procedures include hiring practices, anti-discrimination and anti-harassment policies, pay and benefits, and discipline and termination. Hiring practices should include a detailed job description, application process, and interview questions. Your anti-discrimination and anti-harassment policies should cover what is considered to be harassment or discrimination, how to report incidents and the consequences for violating these policies. Your pay and benefits policy should outline your company’s wage and hour laws, as well as any benefits that are offered. The discipline and termination policy should outline the steps that must be taken before an employee can be terminated, as well as the consequences for violating these policies.

Training Employees

One of the most important aspects of maintaining HR compliance is ensuring that your employees are properly trained. This means providing them with all the information they need to do their jobs effectively and legally. It also means making sure they understand your company’s policies and procedures, as well as the laws governing employment in your state or country. Training should be an ongoing process, not a one-time event. Employees should be given regular updates on new laws and policies, and refresher courses periodically to ensure that they are up to date on the latest information.

The best way to ensure that your employees are properly trained is to develop a comprehensive training program specifically for your company. This program should include everything your employees need to know, from the basics of employment law to specific policies and procedures. It should also be tailored to the needs of your company and its employees. There are a number of resources available to help you develop a training program for your business. The Department of Labour offers a variety of online courses that can be customised to meet your company’s specific needs. Many universities and vocational schools also offer classes on employment law that you might find helpful in developing a training program for your employees.

Handling Investigations

When an allegation of wrongdoing is made, it’s important to act swiftly and decisively in order to protect both the company and the accused employee. An effective investigation can help you get to the bottom of things quickly so that you can take appropriate action. When conducting an investigation, it’s important to remember that you are looking for facts, not opinions. Be sure to document everything so that there is a record of your investigation and what you’ve done.

After conducting an investigation, review all records to make sure they are complete and accurate. If there is any information missing or unclear, such as dates, times, names of individuals interviewed or quotes from those people that may be relevant to the case at hand it should be completed or updated. Make sure that all individuals involved have been made aware of the results, if they haven’t already seen them in a report. Once you have conducted an investigation and analysed evidence it is time to make some decisions about how things will proceed from there. At this point, disciplinary action can be taken, if warranted. It is also important to document these decisions, as well as the rationale behind them.

When it comes to HR compliance, staying ahead of the curve is essential. By following these tips, you’ll be well on your way to creating a workplace that is both compliant and productive. Thanks for reading.

The Concept of Reference of The Carrier in Terms of CMR Insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter.

As a result of the increase in the transportation of goods between countries by road, international regulations have been made to resolve conflicts on this issue and the need of determine the principles and rules of transportation has emerged. The aforementioned developments, the CMR Convention Convention, which contains general legal rules regarding the transportation of goods by land between countries, was signed in 1956 and came into force in 1961.Turkey agreed to join the additional protocol to CMR and CMR with the Law No. 3939 published in the Official Gazette dated 14.12.1993 and numbered 21788.

With the came into force of the convention, the rights and obligations of the carrier, the sender, the consignee or the right holder as the parties of the contract of carriage have been determined, and by whom and how the damage occurred in cases such as damage of the transported goods, partial or total loss, late delivery by exceeding the transportation period. Issues such as calculating the compensation to be paid are regulated and taken under provision

** With this type of insurance, the liability of the carrier, which is a party to a carriage contract to which the CMR is applied, is guaranteed as both the policy owner and the insured. However, in CMR insurance, every situation that causes the liability of the carrier is not included in the scope of risk. It is necessary to look at the relevant CMR Insurance policy guarantees, clauses and special conditions for each time. The other side of the CMR insurance contract is the policyholder. The insurant is the person who transfers the risk he bears to the insurer in return for the premium, that is, the “carrier” who carries out a transportation business subject to the provisions of the CMR. The insured is the person on whom the risk is incurred or on the property. Generally, in insurance contracts, the policy owner and the insured are the same person.

CMR Insurance, which is one of the liability insurance types that aims to prevent the decrease in the assets of the insured in order to compensate for the damages that may arise from the damages that the insured may cause to third parties; It aims to guarantee the risk undertaken by the carrier due to the transportation business in the transportations subject to the Convention on the International Carriage of Goods by Land. For this, at least one of the states of commencement or completion of the transport must be a party to the CMR convention.

Shipments of the carrier covered by the insurer under the CMR Insurance; damage to the goods, loss and defect or deficiency in transportation vehicles, damages arising from the faults of those assigned by the insured carrier and other risks specified in the CMR Insurance Policy. The protection provided by the CMR insurance contract will begin with the conclusion of the insurance contract or the payment of the first insurance premium.

The concept of subrogation originates from the Turkish Commercial Code; specifically TTK 1472 ”When the insurer pays the insurance indemnity, he legally replaces with the insured. If the insured has the right to file a lawsuit against those responsible for the damage occurred, this right passes to the insurer up to the amount he indemnifies. If a lawsuit or proceeding has been initiated against those responsible, the insurer may continue the lawsuit or proceeding from where it left off, by proving the payment it has made to the insured, pursuant to the Subrogation rule, without the need for the approval of the court or the other party” However, the point that should not be confused here, is the Commodity Transport Insurer of the cargo owner/sender. In other words, when a commodity is damaged or lost during transportation, the cargo insurer will have the right of subrogation against the carrier and its CMR Insurer after the cargo owner has compensated for the loss.

In the decision of the 11th LAW DEPARTMENT of the Supreme Court E. 2003/5045 K. 2004/271 T. 15.1.2004 He summarised the conditions for the formation of the concepts of Recourse and Succession in Transport Insurances. In order for the insurer to have a Right of Succession, the existence of an insurance contract, the fact that the insurer has made a payment to the insurant based on this contract, and that the insured has the right to sue the insurer against the person who harmed him, must be present. All conditions must be present at the same time.

The main legal consequences of the insurer’s succession are:

  1. A new right does not arise as a result of succession; transfer of an existing right to a new creditor. The insured’s right to claim compensation against the person who caused the damage is transferred to the insurer.
  2. The insured is obliged to provide the insurer with all available evidence and necessary information regarding the claim in question.
  3. The insured person is not responsible for the existence of the claim nor the solvency of the person responsible.
  4. The claim for compensation is transferred with the statute of limitations existing/subjected. Therefore, the statute of limitations neither begins with the succession nor is it interrupted by the succession.
  5. The claim for compensation is transferred to the insurer, together with all objection and defence rights of the party responsible for the damage against the insured person.

(Graber, VVG Art. 72, Rn. 26-30; Sieber/ Hüsser, VVG Art. 72, Rn. 43; Oftinger/ Stark, § 11,)

In the event that the subject of the insurance is damaged due to the action of a third party and any of the dangers covered by the coverage, without any fault, negligence or violation of the policy terms of the insured, the insurer becomes the owner of all legal receivables by replacing the insured, after paying the damage to the insured. It is the situation where the insurer subrogate to those who caused the damage, demanding an amount equal to the compensation paid by replacing the insured.

Like this; In property and liability insurance, the insured is prevented from claiming double compensation from both the insurance company and the person or institutions that caused the damage. However, in order for the right of recourse to arise; The damage must be covered by the guarantee and must not have been done intentionally by the insured.

In the Convention, while the responsibility of the carrier on the transported goods is broadly expressed, from the time of receipt of the goods from the sender to the moment of delivery to the sent or right owner, at the same time, general and special reasons that will allow the carrier to get rid of responsibility are also revealed in detail.

In the CMR contract, the liability of the carrier manifests itself as a narrowed strict liability, in addition to the fault of the carrier, in case of the fault of the sender, the consignee, the beneficiary or their assistants or employees involved in the transportation process, the carrier will be freed from the liability of compensation for damage arising from the goods at the rate of the detected defect. As such, it has been tried to ensure a balance of rights and interests between the parties of the contract of carriage in the provisions of the convention contract. This, in fact, regulates the recourse or non-recourse of the right holders or their insurers against the CMR Insurer due to the damage or loss on the transported goods.

The carrier cannot be held liable if the goods that are wasted or damaged due to their characteristics are not packaged or are incorrectly packaged when they are not packaged or poorly packaged. The responsibility of the carrier may not be mentioned in case of damage during the loading and stowing of the goods by the sender, the recipient or the persons acting on their behalf, but in these cases, the burden of proof is on the carrier in determining the damage liability. Again, the carrier will not be held liable, especially in case of damage to the goods that can be damaged partially or completely by breakage, rusting, rot, drying, normal fire or moth and vermin, and in cases such as insufficient or incorrect brand or numbers on the boxes or packages. While such situations are not subject to the responsibility of the carrier in terms of the CMR Convention, we can also accept them as the situations where the insurer does not guarantee and will not pay compensation to the damaged cargo persons in terms of CMR Insurances.

Both the CMR convention contract and the provisions of the TCC numbered 6102 accept that the carrier has an obligation of protection, surveillance, inspection and control over the transported goods, and that the transported goods are damaged, partially or completely lost due to the carrier’s failure to fulfil these obligations as a prudent carrier with the utmost care. It has been accepted that the carrier is directly responsible for the compensation of this damage, if the results such as late delivery by exceeding the transportation period and damage occur. These provisions of the convention on the framework of the responsibility of the carrier within the scope of the transportation process from the moment of receipt of the goods to the moment of delivery are of an imperative nature, and it will not be possible for the parties to agree on the mitigation or removal of this responsibility.

In order to reveal the responsibility of the carrier due to the goods transported in accordance with the regulations of the CMR convention, the carrier has not fulfilled its duty to protect, watch, control and seize the goods with the utmost care, such as a prudent carrier, as a result of which the goods are damaged, lost or delayed. It is necessary to determine the existence of a causal link between the damage to the goods and the violation of the carrier’s obligation to protect the goods. In practice, the Court of Cassation decides that the fault is shared between the sender and the carrier in cases where the carrier neglects its supervision responsibility and that recourse will be made at the rate of this sharing.

Another important issue in the responsibility of the carrier on the transported goods is that if the goods are damaged, partially or completely lost due to the fault of the carrier’s assistants and employees, the persons whose services are used, and if the damage occurs, such as late delivery by exceeding the transportation period and the damage occurs. The carrier will be liable as the existence of the defect. In this context, the carrier will be considered directly responsible in case of damage to the transported goods due to all faulty behaviours, especially negligence and intent, of these persons included in the transportation process by the carrier. Of course, here again, the existence of an appropriate and convenient causal link between the faulty actions or actions of the employees, men or persons whose services are used and the damage to the goods shall also be sought.

In case of damage to the transported goods, the liability of the carrier for compensation of damage will now be revealed, with the determination of the responsibility of the carrier. In this case, the carrier shall be liable to pay the compensation to be calculated according to the market price of the place where the goods are received for transport, according to the market price in the absence of the exchange price, and objectively according to the comparable values of the goods of the same type and nature, if the market price cannot be determined. Therefore, if the transported goods are damaged during the transportation process, the difference between the undamaged value and the damaged value will be compensated at the time and place of receipt for transportation. An upper limit has been imposed on the compensation amount to be paid by the carrier in this case, pursuant to the CMR contract and the provisions of the TCC. In case the transported goods are damaged within the scope of the transportation activity, it is accepted that the carrier is responsible for the missing gross weight of the whole of the goods in case of complete damage, and of the damaged part in case of partial damage, with 8.33 SDR calculation unit for each kilogram.

Since the provisions of both the CMR and the TCC regarding this liability are of an imperative nature, agreements and provisions regarding the removal or mitigation of this liability by the parties of the contract of carriage will be deemed invalid, will not have any consequences and will not bind the contract parties or third parties. On the other hand, besides the fact that it is not possible to mitigate or remove the carrier’s responsibility, it is accepted that the agreements and provisions regarding increasing this liability or raising the upper limit will also be valid. Again, in the event that the carrier itself or its employees cause damage to the goods with intent, fault equivalent to intent, reckless actions, the carrier will not be able to benefit from the provisions regarding the limitation of liability and will be liable for covering all the damage.

Another controversial issue in practice is the liability of the carrier, who is the CMR Insured, during road transport due to traffic accidents that are not at fault. SUPREME COURT 11. LAW OFFICE. 2016/7990K. In its decision dated 4.4.2018 T. 2018/2393 It has been ruled that “…the driver of the defendant carriers is faultless in the traffic accident, the fault lies entirely with the driver of the opposite vehicle, but the fault of the driver of the carrier in the traffic accident cannot relieve the carrier from contractual liability”.

The person who can claim compensation from the CMR Insurer in case of damage, loss or delay of the transported goods is the person sent or written as the rightful owner in the transport document. In order to be able to claim compensation, it is not necessary for the sent or right owner to have actually suffered damage or to receive the goods. In the lawsuits to be filed due to the damage caused by the transported goods, one and three year statute of limitations are stipulated in terms of both the CMR convention and the provisions of the TCC. In general, the statute of limitations for claims arising from transportation activities carried out within the scope of TCC and CMR Conventions is 1 year. However, if the damage, loss or delay in the goods is caused by intent, fault equivalent to intent, gross fault or reckless acts, the statute of limitations is accepted as 3 years.

In addition, the transportation fee, customs duty and other costs incurred due to the transportation activity will be compensated by the carrier in proportion to the calculated damage. It is also possible to demand interest on the compensation to be paid by the carrier in case the transported goods are damaged. The indemnity creditor will also have an appraisal of approximately 5 percent for the remittance or payable from the beneficiary.

As a result, it should be noted that the purpose of determining the liability of the carrier for damage and loss arising from the transportation of cargo within the framework of the CMR Convention is that the situations that the carrier is responsible or not responsible for are also valid for the CMR Insurer.