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Cargo insurance covers physical loss or damage to goods transported by sea, road, rail, air, post, or other means. It protects anyone with a insurable/financial interest in the cargo—such as buyers, sellers, or intermediaries. Coverage can range from broad 'All Risks' policies to more specific 'Named Perils', with options for standard or customised terms.
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Related FAQs
Can Maersk assist me with cargo insurance for journeys through areas like the Bab el-Mandeb strait and the Red Sea? How do I calculate the volume for my LCL cargo? Since I only ship Free on Board (FOB), do I really need insurance? What does 'CIF+10%' mean? What is a General Average? What is an 'All Risks' Policy (‘A’ Clauses)? Why do I need War Risks Insurance?
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