Cargo insurance provide risk against physical loss or damage to freight during shipment from any external cause.
Business need cargo insurance to reduce risk during importing or exporting goods. Within ongoing innovation in logistics the that can occur during merchandise is been transported, here shipping insurance or cargo insurance is ideal.
In every business where products are shipped whether inland or overseas there is risk of loss/damage of goods during transit due to several reasons. Accidents are very common due to congestion, poor infrastructure, natural calamities etc. For people involved in export import business also there is requirement to ensure goods during transport. How about an Insurance policy also known as Marine Insurance which covers the goods from the point of time they are dispatched from sellers warehouse till they reach the buyers warehouse. Marine Cargo Insurance /Marine Export & Import Insurance Policy covers goods, freight and other interests against loss or damage to goods whilst being transported by rail, road, sea and/or air. With ongoing innovations in logistics, the risks that can occur while merchandise is transported between buyer and seller are becoming more complex, here shipping Insurance or cargo Insurance is ideal.