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CARGO INSURANCE

Is it a luxury or a must? When is it needed? Everything you need to know?

We know for a fact that certain cargo require more than just shipping from one place to another, which is why we offer cargo insurance through our own insurance brokerage firm as your best protection against any possible risks or financial loss.

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Our cargo insurance is an added value service that gives you the certainty that, if something goes wrong during shipping and handling, you will be fully refunded.

What you need to know?

The insurance cost will be determined based on 4 factors

The value of the shipment.

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Nature of the goods.

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Mode of transport.

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The Origin and destination of the shipment.

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When should you insure your cargo?

Carriers and freight forwarders around the world have limited liability for any financial loss that you may get if your cargo is valuable you are always recommended to purchase an insurance coverage during transport to avoid the carrier’s or freight forwarder's limited liability.

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As the carrier or freight forwarder will only be liable if damage or loss occurs due to mistakes or negligence during transport that are proven. This liability is also limited

 

If the value of your consignment is higher than the maximum amount your carrier or freight forwarder is liable for it will be highly advisable to get cargo insurance.

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