A shipment shall have an assumed value of $1.10 per kilogram unless a higher value is declared on the air waybill at the time of receipt of the shipment from the shipper, and if a higher value is so declared, an additional transportation charge of $3.00 shall be required for each $100.00 of declared value.
 
If no higher value is declared, the claimant may be reimbursed for the maximum of shipping fee or $1.10 per kg, if all the conditions are satisfied as outlined in section 3 of Cargo Tariff document.
 
NOTE: Extra insurance will not be available on glass products, electronics and used equipment.