Cargo refers to the transportation of goods or produce from one place to another, which can
be by way of air, wd, which is commonly known as freight.Cargo refers to the transportation of goods or produce from one place to another, which can
be by way of air, water or land, which is commonly known as freight.
The importance of Cargo in the business is a well-known fact, and equally important is the financial protection of the cargo against mishaps and fortuitous losses to the businesses and business community.
This book on cargo insurance covers the introduction to the various relevant insurance
policies, contingency insurance, Insurance Act and Rules, including all the relevant subjects
to understand Cargo insurance, its requirements, use and benefits by the one who is into or is related to EXIM trade/business.
Some of the expected benefits include, all risk coverage- Cargo insurance guards against the substantial damage or loss caused by external factors such as theft, vermin or maybe harmed by improper handling. And the importance of Cargo Insurance in IMPEX Valuation.