When it comes to shipping items, it’s important to ensure that they are protected throughout the journey. Accidents and mishaps can happen, and the last thing you want is to bear the financial burden of lost or
Freight insurance (sometimes called cargo insurance or goods in transit insurance) does not require you to prove that the carrier was at fault for damage or loss, just that damage or loss occurred. Freight insurance is a good way to protect your customers and your business from loss or damage...
How Does Moving Insurance Work? Moving insurance is coverage that you purchase before a move to safeguard against potential damage or loss to your belongings. Depending on the coverage you choose, moving insurance may replace, repair, or reimburse you for items that break or go missing in trans...
Business travel insurance If you go abroad for work, you may need to take out a business travel policy (if your company doesn’t provide it for you already). This will provide extra cover for the loss or theft of expensive business equipment and other goods, such as clothing, jewellery an...
Damage:This includes goods that get scratched, dented or wet in transit. The sender is responsible for ensuring that the consignment is suitably packed. If a consignment has damaged or inadequate packaging when the carrier receives it, the carrier records this fact on the transport documentation. ...
How does shipping insurance work? Shipping insurance is a general term that refers to insurance coverage for goods being transported, regardless of the mode of transportation, whether it's by sea, air, or land. Moreover, whether you have coverage from sea freight insurance or land transport ins...
SIAM ShippingAlert:Shipping goods can be risky—damages, theft, or loss can occur during transit, especially when using LCL or FCL transport. That's why security should never be overlooked. With Siam Shipping'sFreight Insurance,ensure that your shipments are fully protected against any potential ...
CIF includes the export duties and taxes on the seller’s country. But, the buyer must still organize and finance the duties and customs taxes in the port of destination. What does CIF stand for in Shipping Terms? CIF stands for Cost, Insurance, and Freight. As the name suggests, those ...
the shipping agreement, including the route the goods take the risk of loss or damage, and preservation of the quality of the goods in transit overall control of the goods and the title of ownership customs clearance and payment of import duties at the final destination making any insurance cla...
Freight insurance, also known as cargo insurance or goods in transit insurance, is a type of insurance coverage that protects the value of goods or cargo during transportation. It is designed to provide financial compensation in the event of loss, damage, theft, or other perils that may occur...