Are you an importer or exporter? This is what you should know about your cargo insurance coverage

Are you an importer or exporter? This is what you should know about your cargo insurance coverage

Are you an importer or exporter? This is what you should know about your cargo insurance coverage 1024 726 ICI Coverage

A cargo insurance coverage is essential when moving any merchandise, since it manages to cover any loss suffered by it. At the same time, it represents the ideal alternative for you to have peace of mind while your cargo travels by sea, air and/or land.

What should your cargo insurance cover?

On many occasions it is unknown what cargo insurance should cover. For this reason, and although many policies vary from one to another, below, we present what should be essential for you and your business.

  • Comprehensive coverage for most merchandise.
  • Warehouse-warehouse coverage
  • Coverage for air, sea, land and multimodal shipments.
  • Coverage during transshipment, storage in transit and up to the port of destination.
  • Additional coverage per shipment for expenses incurred due to business interruption.
  • Coverage for refrigerated and perishable goods.
  • Coverage for shipments of raw materials, basic products and bulk products.

Who can take out a cargo coverage policy?

One of the advantages of these policies is that they can be contracted by anyone who needs and has an interest in protecting the transported merchandise. Among them, the owners of the merchandise, intermediaries, carriers, destination person, etc.

The reality is that there are many interested parties who find it convenient to contract merchandise insurance to reduce the risks that may arise in the transfer of the same.

At ICI we can help you with any questions regarding on how to obtain the right cargo, container or demurrage insurance policy for your business. Contact us at sales@icicoverage.com and an agent will be happy to help

 

 

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