Total loss coverage
Cargo Insurance covers loss and/or damage during the movement of cargo in international or domestic trade. Goods may be transported by sea, air or land. Policies and coverage are tailored to clients’ needs. Goods being shipped are insured for a total loss/total damage to the entire shipment resulting from any of the following risks during transit. This coverage is available for All Goods and all conditions: Used, New and Reconditioned. No packaging requirements. Owner packed goods are accepted.ace no such issues.
- Overturning or other accident to the truck, train, boat or plane.
- Collapse of dock