Cargo insurance is an important aspect of international trade, which helps protect the interests of the sender and recipient in the event of unforeseen situations during the delivery process.

Why is it important to insure cargo?

1. Protection against loss and damage. During transportation, the cargo may suffer due to adverse weather conditions, accidents, loading and unloading errors, and other factors. Insurance helps to compensate for losses. Compliance with legal requirements. In some countries, insurance is a prerequisite for customs clearance.
2. Confidence in your partners. The availability of insurance can serve as an additional argument in favor of the sender’s reliability for the recipients of goods.

  There are various types of cargo insurance that can be adapted to specific needs and conditions of transportation. Here are some of them:

• All Risks Insurance — covers losses from any damage or loss of cargo, with the exception of specially stipulated exceptions.

• Carrier’s liability insurance — protects the recipient from possible claims against the carrier in case of damage or loss of cargo.

• Limited liability insurance — covers certain risks, for example, only damage during transportation or only losses due to delayed delivery.

FLY WAY’s professional team offers its clients cargo insurance services to minimize risks and ensure reliable protection of your cargo.

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