What is the cargo insurance?

Also known as freight insurance, cargo insurance is a type of insurance that helps to provide compensation if the goods are damaged to the buyer's location during the transit of the seller. Insurance coverage, which is usually used in a transport environment that involves traveling from one country to another, only covers the transport period from leaving the docks in the country of origin and arrives in the docks at the destination. The real way of transport can be a waterway, above the soil or even air.

There are several benefits to ensure cargo insurance for goods that are transported over long distances, especially if this transport includes international transport. Sellers or exporters can use coverage to protect against a number of unfortunate incidents, such as sinking a ship, kidnapping a transport vessel or even damage due to heat or humidity during the dispatch process. Depending on the extent of the Thplob, even something as simple as transport transport during transport and cane be covered with damage. In essence, any losses that result from negligence or problems outside the exporter control can be compensated by the benefits of cargo insurance.

The buyer or importers also benefit from the use of cargo insurance. Since the value of the goods is protected, it means that even if it arrives at the destination port in a damaged state, there is an opportunity to claim and finally exchange the goods. This approach also makes it easier to obtain any means that have already been paid by exporters, for example, when the goods are one of the kind and cannot be replaced. From this point of view, the cargo insurance covers the interests of the buyer and the seller and helps to minimize the losses that can occur when the covered goods are lost, stolen or harmful during transit.

Usually the seller or exporter ensures cargo insurance and packs costs to the total amount charged to the buyer SPOLU with shipping fees and other auxiliary fees and costs. Occasionally, the buyer or importer can ensure the shipment's cargo insurance, especially if the seller prefers to use other types of insurance instead of the cost -sea coverage. If you do so, the buyer can cost a little more, but the benefits that are provided if something with the goods is usually considered to be the cost.