The cargo on the ship is exposed to risks arising from the act of God, or enemy, or fire, etc. For this reason the insuring of cargo is an essential element of international trade. Cargo insurance policies afford protection to damage or loss to the goods. Rates of cargo insurance vary according to product, client's track record, destination, and shipping method. Most insurance company policies require that immediate notice be given to the nearest branch or agency in the event of damage giving rise to a claim under a policy on goods.
There are many different places to get cargo insurance. Cargo insurance can be obtained directly from an insurance company or, very often today, directly through the transporting company or the forwarding agent handling the goods. To find reliable cargo insurance company, ask friends and associates for recommendations. You can also do a little research on the internet to find a good cargo insurance company.
There are many different places to get cargo insurance. Cargo insurance can be obtained directly from an insurance company or, very often today, directly through the transporting company or the forwarding agent handling the goods. To find reliable cargo insurance company, ask friends and associates for recommendations. You can also do a little research on the internet to find a good cargo insurance company.
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