Cargo insurance guarantees your business safety today and tomorrow. The object of insurance is an Insurer’s / Beneficiary’s property interest concerned with cargo damage or loss during transportation, warehousing, transloading/transshipment.
An insurance policy can be concluded according to one of the following options:
- option (A) – “With responsibility for all risks”
- option (B) – “With responsibility for cargo loss or damage”
- option (C) – “With limited responsibility for cargo loss or damage”
Defined by the insurance company the insurance rate depends on insurance terms, cargo characteristics and the route, vehicle and shipment specifics which are rather important for risk estimation.
LOGUS company renders cargo insurance services during all transportation period by placing insurance applications with the leading insurance companies.