Originally Posted by
timpolti1
Does BA offer something similiar as well and if yes, does someone know the exact details regarding fees and max possible insurance sum ?
Story is I am planing to fly Business to Asia, thus taking a product (in large quantity) with me ~ so I am quite afraid of a total loss ...
There is (or at least used to be) - you'd need to declare the value at check-in and pay a little extra. In theory at least. In practice, anecdotal evidence suggests that check-in agents (especially at outstations) are clueless.
I think this is the link to relevant bit of BA's website:
https://www.britishairways.com/trave...ost%20property
Question
What is a '
declaration of interest and excess value' charge?
Answer
Declaration of interest - excess value charge You may
declare a value for checked baggage that's in excess of the standard applicable liability limits. You'll need to make this request at the check-in desk before you check in your hold bag, and the excess value charge must be paid then/at the start of your journey.
What are Special Drawing Rights? Special Drawing Rights (SDRs) are an international unit of account, defined by the International Monetary Fund (IMF), based upon the values of several leading currencies. The currency values of the SDRs fluctuate and are re-calculated each banking day. Under the Montreal Convention British Airways’ liability for lost, damaged or delayed baggage is limited to 1,131 SDRs for checked and hand baggage
SDRs fact sheet The declaration of interest and liability · raises the limit of British Airways’ liability to a higher figure of up to 2,262 SDRs · maximum valuation per passenger is 2,262 SDRs (equivalent amount will depend on the rate of exchange of the currency used) · charged per passenger covering flights operated by British Airways only
Limitations on the declaration of interest · does not cover the return flight unless specifically requested at the start of the journey · is not an insurance premium. It raises the cap on the compensation payable if British Airways is legally liable for any loss, damage or delay to the passenger’s baggage · does not entitle you to recover the sum
declared in the event of loss, damage or delay; you can only recover for proven losses and damage