Cargo Insurance

Cargo insurance is a specialised policy to protect businesses from financial losses due to damaged or lost goods while in transit. That means: It covers the value of the cargo. It compensates the owner in case of mishaps that occur during shipping. Cargo insurance is critical when it comes to the shipping and transportation industry. Given the risks associated with transporting goods, it makes sense that insurance plays such a huge role.

Choosing the right cargo insurance policy
Picking the right cargo insurance policy for you and your business requires a careful assessment of your shipping activities, the value of the goods you’re shipping, and the potential risks involved.