Named perils cargo insurance cover applies only to specific risks explicitly listed in the policy. This type of insurance is ideal for businesses looking to protect against particular threats while keeping costs manageable.
? Fire & Explosion – Coverage for fire-related damage.
? Theft & Pilferage – Protects against stolen or missing goods.
? Collision & Overturning – Covers damage from accidents involving vehicles, ships, or aircraft.
? Natural Disasters – Includes protection for events like lightning or earthquakes (if specified).
? Sinkage & Stranding – Coverage for maritime losses.
? Exclusions – Risks not listed in the policy (such as general mishandling, delays, or improper packaging) will not be covered.
At Cargo Insure Online, we provide customized named perils insurance to protect your shipments against specific risks relevant to your business.