How does Cargo Insurance work?

Before shipping, companies evaluate factors like cargo value, transportation mode, and potential risks.

Options range from basic liability coverage (limited protection by the carrier) to all-risk insurance, which covers most unforeseen losses.

Businesses can buy cargo insurance from specialized providers or online platforms for instant coverage.

Once insured, the cargo is transported, and the policy remains active until delivery.

• If goods are damaged or lost, a claim is filed with the insurer.
• The insurer evaluates the claim, verifies the loss, and compensates based on policy terms.