Shipping insurance policies contain various clauses that define the policy coverage, terms, conditions, and limitations. Understanding these marine insurance clauses is crucial for cargo owners, shipowners, insurance companies, and all the parties involved in the contract. The general average clause is one of the important clauses of shipping insurance. In this article, let us understand […]
Articles Tagged: Shipping Insurance
What Does Shipping Insurance Cover?
Though goods and cargo shipped via land, air or sea are generally reliable, packages still get lost and damaged. Thus, this insurance is required to protect against loss, damage or theft during transportation. But, what is the meaning of shipping insurance and what does it cover? You’ll find all these answers in this blog post. […]
Difference Between Marine Insurance and Shipping Insurance
Transporting an object from one place to another always carries a degree of risk. Before accepting this responsibility, it is important to carefully consider the end-to-end delivery process and the parties involved. Financial protection is an utmost necessity for businesses involved in the trade and shipping industry by availing insurance coverage suitable for the business, […]