Cargo insurance is a vital tool for businesses relying on global transportation to move their goods. It mitigates risks associated with sea, air, road, or rail transport and compensates cargo owners for losses due to damage or loss of cargo. There are different types of cargo insurance available. All risks coverage offers comprehensive protection, excluding only specific policy exclusions. Named perils coverage focuses on specific risks like fire, theft, or natural disasters, providing comparatively less coverage. Open cover, on the other hand, offers continuous coverage for a specified period, catering to businesses engaged in regular shipments seeking ongoing protection. Overall, cargo insurance safeguards businesses by addressing the uncertainties and potential financial impact of cargo loss or damage during transit.

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【Cargo Insurance】Protecting Your Business and Streamlining Global Shipping