Cargo Insurance

Cargo insurance or transportation insurance is a contract between the transport company and the owner of the goods with the insurer, by which the insurer undertakes to compensate for damages in case of damage to property and third parties in exchange for receiving an amount from the policyholder. In fact, during the transfer of the goods from the origin to the destination, if there is any damage to it or the policyholder incurs some costs, the damage will be paid by the insurer based on the provisions of the insurance policy.