Air freight forwarding plays a vital role in facilitating international trade by ensuring the swift transportation of commodities across the globe. Despite its efficiency, transporting cargo by air involves inherent risks such as loss, damage, or delays due to adverse weather conditions, negligence, and security lapses. These risks pose potential monetary losses and reputational damage […]
Articles Tagged: Cargo marine insurance
What is a Cargo Marine Insurance Policy?
The cargo marine insurance policy is a specially designed insurance for goods in transit. It offers coverage to freight against all types of losses or damages from external causes during transportation, whether by land, sea, or rail. Usually, cargo insurance policies are freely assignable. However, in the case of insured goods being personal belongings of […]