Our cargo insurance solutions provide peace of mind by protecting your goods against risks such as loss, damage, or theft during transportation, whether by air, sea, or land.

What is cargo insurance?

It is a contract between two parties, expressed in an insurance policy, to protect the merchandise during its transit. Insurance generates peace of mind and avoids headaches during any logistics process.

There are several types of insurance

Type A:

Comprehensive all-risk insurance, specifically designed for new goods, with industry-standard exclusions.

Type B:

Specific coverage, typically applicable to used and perishable goods.

Type C:

Customized coverage, often applied to pre-owned and perishable items.

Have you considered the possible risks involved?

Major Breakdown

In maritime law, it is known as jettison, the voluntary sacrifice of cargo by the master of a vessel to lighten the ship and prevent its sinking or to save life.

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Number of beneficiaries: 100 importers and/or exporters.

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Value of the lost vessel and freight: $200 million.

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Estimated value of the recovered cargo: $200 million.

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Total contribution: $400 million.

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Cargo sacrificed: $120 million (representing a 30% loss of the gross general average).

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Each beneficiary’s contribution to the general average: 30% of their respective cargo values.

Other risks that the insurance may cover:

What types of things can be insured?

Liquid Cargo

Ocean Freight

Air Freight

Ground Freight

Project & Charter

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Ready to ship? Get a fast, personalized quote in minutes. Just fill out the form, and let us handle the rest. Start your journey with N.V. Cargo Logistics today!

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