Cargo insurance provides protection against all risks of physical loss or damage to freight caused during shipping, whether by land, sea or air.
Cargo coverage protects all types of merchandise while in transit from one destination to another. The purpose is to provide the insured party with reimbursement should the cargo not arrive safely to its destination.
Cargo insurance programs are designed to provide comprehensive coverage for goods in transit for manufacturers, importers and exporters, commodity traders, logistics companies and more.
Cargo insurance is an indispensable part of shipping cargo. It is highly recommended that all owners of cargo purchase insurance before moving their shipments.