Cargo insurance is a type of insurance policy that provides financial protection against the loss, damage, or theft of goods during transportation.
With cargo insurance, you cover the value of your cargo and any additional costs incurred due to the loss or damage of the goods.
What Does Cargo Insurance Cover?
When shipping goods internationally, many potential hazards can result in the loss, damage, or delay of cargo, such as:
- Accidents during transportation
- Rough handling during loading and unloading
- Extreme weather conditions
- Piracy or theft