International cargo insurance refers to an insurance measure taken due to loss or damage that may occur during the transportation of goods to destinations outside China. Cargo transportation insurance is generally a commercial activity jointly participated by freight forwarding companies, insurance companies and cargo owners. International cargo insurance provides comprehensive risk protection against losses, delays, damage, theft, etc. during cargo transportation, allowing cargo owners and freight companies to achieve more efficient and safer freight services without taking too many risks.

Why is necessary to purchase International cargo insurance?

In actual business activities, taking freight forwarding insurance can effectively reduce losses caused by accidental losses. The following are some common risks that may arise during the transportation of international goods:

1. Accidents: Risks such as a truck being hit by a car or a ship being hijacked by pirates are difficult to avoid.
2. The goods are affected by moisture, deformation, loss, theft, etc.
3. Various natural disasters: such as earthquakes, storms, floods, etc. In this case, carrying cargo transportation insurance can help the cargo owner avoid excessive liability and financial losses after these events occur, and can ensure that the goods arrive at the destination in pristine condition.

Type of insurance

International cargo insurance covers many different types of insurance, as described below: