What is international freight insurance.
International freight insurance refers to a kind of protection provided for commodities transported in international trade, mainly for the loss of goods due to accidents or other force majeure during transportation, such as goods being damaged by storms at sea, A traffic accident occurs during transportation, etc.
International freight insurance is usually provided by the insurance company or its agent, and the coverage includes physical damage during the transportation of the goods, theft or loss of the goods, etc. Depending on the terms and conditions of the insurance, cargo owners can choose to purchase different types and amounts of insurance to protect the safety of their cargo.
International freight insurance is generally divided into two types: one is “cargo transportation insurance” for insurance compensation based on the value of the goods, and the other is “transportation liability insurance” for compensation based on the scope of liability.
It should be noted that international cargo insurance cannot completely avoid any loss of goods during transportation, but it can provide a safeguard for cargo owners to mitigate economic losses caused by cargo loss.
Shipping from China, China freight forwarder buys insurance.
If you use a freight forwarder to ship from China, generally speaking, the freight forwarder will provide cargo insurance services, and you can choose to purchase the corresponding insurance plan from the freight forwarder. Choose ABL LOGISTICS to provide comprehensive agency cargo transportation insurance services.
When purchasing insurance, you need to provide the freight forwarder with detailed information about the goods, such as the name of the goods, quantity, weight, value, etc., so that ABL LOGISTICS can customize the most suitable insurance plan for you. At the same time, you should also carefully read the insurance terms and insurance amount to ensure that the insurance plan you purchase can effectively protect the safety of the goods.
What are the freight forwarders in China that can provide insurance agency?
- China Pacific Property Insurance Co., Ltd.
- PICC Property Insurance Company Limited
- China Taiping Insurance Group Co., Ltd.
- China United Property Insurance Co., Ltd.
- Ping An Insurance (Group) Company of China, Ltd.
- land insurance co., ltd.