About the Service
Cargo insurance is a risk management solution for the transportation of goods, protecting cargo owners against financial losses arising from damage to, loss of, or theft of cargo in transit.
Purpose of Cover
- Protection of the cargo’s value throughout every stage of transportation
- Supporting the continuity of supply chains
Insured Events
- Loss of, damage to, shortage of, or theft of cargo during transportation, including loading, unloading, and temporary storage, regardless of the mode of transportation used
Scope of Indemnity
- The value of lost or damaged cargo
- Cargo salvage and loss mitigation expenses
