Cargo Insurance helps to compensate for damaged or lost cargo in the course of loading, transportation, unloading and, if necessary, storage. There are different variants of Cargo Insurance:
- Single transportation insurance
- Annual Policy (Open Cover) for regular transportations on agreed terms based on annual turnover. Open Cover simplifies paper work and, what is more important, extends the cover on all the shipments of the Client.
- Stock throughput Insurance – an annual cover combining cargo insurance while transportation of goods and their storage. Cover attaches from the moment Assured purchases goods until the risk is transferred from Assured to other party and by that excluding gaps in insurance cover.
Losses indemnified: damage or losses to the cargo, salvage charges, repair, survey. The Insurers also assume Client's financial liability in case General Average is declared. Please contact our specialists or fill in the form to get an offer.