Why Cargo Insurance is Important?
Shipping goods both domestically and internationally involves various risks, such as accidents, loss, or even damage caused by unforeseen weather conditions. This is why purchasing cargo insurance is crucial to protect your goods from these potential risks and ensure smooth business operations.
What is Cargo Insurance?
Cargo insurance provides coverage for goods against risks that may occur during transit. It can cover damage, theft, or loss during transportation, whether it is domestic or international. The coverage can vary depending on the type of goods being shipped.
Cargo Insurance Clauses You Should Know
When selecting cargo insurance, there are several clauses that are essential to understand. Here are the important ones:
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Clause A – All Risks:
This type of insurance covers all potential risks, including damage, theft, or accidents, and even damages caused by unforeseen weather conditions. -
Clause B – Named Perils:
This insurance only covers specific risks mentioned in the policy, such as waterborne accidents, fire, or collisions with other vehicles. -
Clause C – Limited Risks:
This policy covers only specific, limited risks, such as damage caused by maritime transport.
Differences Between Cargo Insurance Types
Each cargo insurance clause offers varying levels of coverage, which directly impacts the premium and the protection you will receive. If you need the most comprehensive protection, choosing Clause A – All Risks would be ideal for high-value or fragile goods.
At Eagles Air & Sea (Thailand), we offer tailored cargo insurance services to suit your needs for both domestic and international shipments. Purchasing insurance with us will ensure your goods are safely transported with peace of mind.
For more information or to purchase cargo insurance with Eagles Air & Sea (Thailand), contact us today for expert advice and solutions tailored to your business needs!
E-mail: Sales@eaglesthai.com or sales-distribution@eaglesthai.com
Tel: +66 2 7904599
