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In the transportation of goods, insurance is placed in two groups:
The first group -cargo insurance covers all the goods and is done by the owner of the goods (seller-buyer).
Additional explanations: In cargo insurance, the owner of the goods (buyer-seller) insures his capital (goods) for possible damages that may occur during the movement of the goods from the origin to the destination and cannot be predicted. Insurance can be the warehouse of the goods owner, in the operation of moving goods, it also covers unloading and loading, and even unpredictable incidents in transit warehouses and customs.
- Risks covered by cargo insurance:
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The second group is transport liability insurance, which is specific to the transport operator.
Additional explanations: In carrying out transportation operations, the carrier is always responsible to the third party (the owner of the goods) and the duty of delivering the goods safely from the origin to the destination is the responsibility of the carrier. Therefore, the carrier insures his responsibility in a contract with the insurance company in accordance with international conventions.
Freight insurance provides peace of mind for the goods owner:
You provide safety with freight insurance to prevent possible risks out of your control in the operation of moving goods. At your request, we can easily coordinate the issuance of freight insurance policies with insurance companies for all your shipments, including imports and exports. Therefore, your goods will be taken care of and covered by insurance against possible risks.
