Cargo Shipping Expedition International Inc
Insurance
We recommend our clients insure their goods at 110% of
the value.
Marine Cargo insurance covers physical damage to, or loss
of, your goods whilst in transit by land, sea, or air.
The nature of risks that cargo is exposed to during transit can
be the standard risks of transport, as well as exceptional risks
such as war, strike, or similar events.
Marine Cargo insurance falls into three Institute Cargo
Clauses (A, B or C), as well as War Clauses and Strikes
Clauses.
The Institute Cargo Clauses A is the widest of all three and is
generally summed up as ‘All Risks’ of loss or damage to the
insured cargo.