Amount to be paid by the Company in case the time allowed by Law is exceeded, and no value is Insured.
(a) For General Goods, if the delay amount to more than 24 hours; or in the case of horses and other animals to more than 48 hours: up to 72 hours, ¼ of the freight; up to 8 days ⅓ of the freight; beyond 8 days, ½ of the freight.
(b) For Express Goods: beyond 12, and up to 24 hours, ¼ of the freight; up to 3 days, ⅓ of the freight; beyond 3 days, ½ of the freight.
(c) For Parcels: beyond 6, and up to 12 hours, ¼ of the freight; up to 24 hours, ⅓ of the freight; beyond 24 hours, ½ of the freight.
Insurance.—A premium is charged for insurance if the declared value of the goods, cattle, &c., exceed that allowed by Article 33 of General Regulations, as compensation in case of damage or loss.
The value allowed is £25 for a horse, £10 10s. for a fat ox, £7 10s. per head for other cattle, £1 for a calf, £3 for a fat pig, £1 5s. for a lean pig, 13s. 4d. for a sheep or goat, 7s. 8d. for a dog, and £1 10s. per cwt. for other animals. If the value exceeds these sums, and the consignor wishes to insure such value being paid to him in case of damage, the premium is 1 per 1,000 of the sum insured for every 93 miles with a minimum of 4d.
The maximum value allowed for carriages and carts, including the articles placed in them, is £42. If the value exceeds that sum the premium payable is the same as for animals, with a minimum of 3d.
The value allowed for goods is assumed by law not to exceed £2 10s. per cwt. (30 fl. per 50 kilos). In case of whole or partial loss, the commercial value of the goods—which has to be proved—is taken as a basis. In the absence of data for arriving at the commercial value, the value which similar goods would have at the time and place of delivery is taken as the standard, deducting the amount of duty and other costs not paid owing to loss. If the goods are insured, the premium payable is one-tenth per 1,000 of the value declared, for each 93 miles (parts of that distance reckoned as 93 miles), with a minimum of 2d.
In case of wilful misconduct on the part of the Company or their servants, the liability is not limited to the normal or declared value.