Cargo insurance coverage protects shipments against potential financial losses due to loss, damage, or theft during transit. Whether shipping by land, sea, or air, cargo insurance ensures that your goods are covered from the moment they leave the origin until they reach their destination.
What’s Covered Under Cargo Insurance? #
? Loss of Goods – Covers complete loss due to accidents, misrouting, or shipment disappearance.
? Damage During Transit – Protection against handling damage, weather impact, or equipment failure.
? Theft & Hijacking – Compensation for stolen cargo during transportation or storage.
? Natural Disasters – Coverage against floods, storms, earthquakes, or fires that may impact shipments.
? Piracy (for Marine Cargo) – Financial protection in case of ship hijacking or piracy attacks.
? Accidents & Collisions – Covers damage from truck crashes, ship accidents, or aircraft malfunctions.
