Cargo insurance is the method used in protecting shipments from physical damage or theft. In fact, insuring cargo ensures that the value of goods are protected against potential losses which may occur during air, sea or land transportation. The movement of goods across the world comes with certain risks.
Cargo insurance reduces financial loss regardless of whether your goods get damaged or not. Some of the common benefits include: All risk coverage – Cargo insurance protects against the significant loss or damage caused by external factors such as theft, vermin or damage by improper handling.