Cargo Insurance

Cargo insurance is a specialized form of coverage that protects goods and merchandise while in transit, whether by land, sea, or air. This type of insurance safeguards shippers and carriers against financial losses resulting from damage, theft, or loss of cargo during transportation. It typically covers a wide range of perils, including accidents, natural disasters, pilferage, and mishandling. Cargo insurance is crucial for businesses involved in shipping and logistics, as it provides peace of mind and financial protection for valuable goods moving through complex supply chains. The coverage can be tailored to specific needs, with options for all-risk policies or named-peril coverage, and may include additional protections such as warehouse-to-warehouse coverage or protection against delays.