The freight insurance is designated to recover the risks of loss and damage caused to the freight owned by the insurer or forwarded on the bases of the service contract, transported by train, air, and sea ship.
Frequently asked question
To reduce the loss impact, the insurance amount is identified by summarizing the costs of the goods based on the commercial invoices and freight expenses and incrementing the summary by 10%. For Example: cost of the goods+freight expense+(cost of the goods+freight expense)*10%.
It is set for 1 time shipment, or the duration required to ship the freight.
Call the Insurer and inform us.