Cargo

Marine cargo insurance is the basic way to protect the value of goods transported from physical damage, theft or general average. Insurance that generally protects shipments from loss whilst in transit. The cost you pay to insure the cargo (called the insurance premium) is generally a small percentage of the cargo total value.

Ensuring the safety of cargo during transportation is one of the main tasks of traders. On INCOTERMS delivery basis there is an obligation to insure cargo – either by Seller or Buyer. One of our specializations is cargo for commodity traders or other types of cargoes – agri, coal, fertilizers, oil, metals, general cargoes etc.

Basic cover and clauses:

Advantages: