Cargo Insurance: What You Need to Know
ShipLilly
MAY 5, 2021
The rough and often unpredictable conditions of the sea mean that cargo insurance is critical in the shipping industry. Most freight forwarders will use this service and may require it as a precondition when packing and securing cargo. In case something goes wrong, the insurance policy can help mitigate losses. Having cargo insurance does not mean that you can neglect standard operating procedures such as good stacking and appropriate weight distribution.
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