International Cargo Insurance: Why You Cannot Ignore It

The Myth of "Nothing will happen to my cargo"

Every year, thousands of containers fall into the sea, suffer gross average, theft, or moisture damage (container sweat). Many importers believe shipping lines or airlines will cover their losses, but their strict legal liability is limited (often calculated per kilo, yielding negligible compensation).

Types of Policies

• Specific Policy: Covers a single trip. Ideal if you import sporadically.
• Automatic or Floating Policy: Covers all company movements. Recommended for frequent operations.

For what value should I insure?

Generally, insurance covers 110% or 120% of the CIF value (Cost of Goods + Freight) to also cover lost profits and customs expenses invested before the loss.

We help you insure your cargo door-to-door with exclusive rates.