Cargo Insurance
Description
Cargo insurance protects goods during transit (land, sea, air) against loss, damage, or theft, providing financial compensation to shippers/buyers for covered incidents like accidents, fire, or natural disasters, acting as a crucial safety net beyond carrier liability. Policies offer varying coverage, from broad "All Risks" to basic "Named Perils," allowing customization for specific needs, ensuring financial recovery for valuable, fragile, or perishable shipments.
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