Types Of Cargo Insurance
Source: www.flyzonecargo.com
Cargo Insurance is essential when it comes to the security of loads, it can cover every kind of damage starting from damages caused from improper packing up to losses caused by temperature or pressure. Therefore the insurance companies have developed different kind of policies so that the customers have wider choice.
So when it comes to the customers’ choice they mostly make the final decision dependently from the :
- Type of loads;
- Quantity of loads;
- Length of the transportation;
Source: www.blog.marisolintl.com
With this in mind cargo insurance is a “must” since it can cover any kind of loss or damage that might happen to the loads that you have given to the transportation trucking company. Provided that there are few types of cargo insurance, these types of insurance comprise the following policies:
- All-Risk Coverage Policy;
All-Risk Coverage Policy is that kind of insurance policy that is covering any kind of risk. Therefore if you choose this policy you could stay calm while your shipment is in transit because it covers any physical loss or damage. As one of the broadest coverage Policies – All -Risk Coverage includes:
