Cargo insurance
The transport sector is one of the most important branches of material production, transporting passengers and cargo. The objects of cargo insurance are the property interests of the insured, associated with possible damages during the cargo transportation. Insurance is provided for the following:
- the cost of goods, transportation costs (freight), the expected profit;
- reasonable expenses incurred by the policyholder to prevent or reduce damage in the event of an insured event;
- losses, fees and casualties in general average;
- the cost of transshipment, storage and further movement of the goods after the insured event.
