China Freight Cargo Insurance
Whether by sea, air, or land – raw materials, production goods, and products traded and transported worldwide are exposed to many risks during transit. If your cargo gets lost or is damaged or stolen, this very quickly affects entire supply and production chains and can cause severe financial damage to your company. ABL Logistics recommends always getting cargo insurance for your shipments when shipping with us.
Risk Management
We assist with risk management so you can focus on what you do best.
Peace Of Mind
Once you pay for insurance, you enjoy immediate coverage.
Efficient Claims Handling
ABL Logistics facilitates claim handling for timely processing.
Cargo Insurance Is A Cost Worth Carrying
Insurance is money worth spending because it is rare for a shipment to have a value lower than the amount the freight forwarder or carrier is liable for.
If the value of your shipment exceeds the amount that the freight forwarder or carrier is liable for, or if you are shipping to destinations lacking a well-organized infrastructure, you should consider taking on the relatively low extra cost of transport insurance.
Cargo Insurance Coverage & Conditions
The benefits of cargo insurance are plenty.Our China freight insurance has benefits further than standard to provide you with the best coverage, including:
- Basis of Valuation: CIF + 10% or 110% of Invoice Value
- Insurance Rate: 0.6%
- Damage manifestation up to 30 days after delivery
- Up to 30 days storage of consolidation cargo
- Compensation for loss of cargo upon arrival of FCL-cargo with intact container seal.
Cargo Insurance for All Shipping Types
Insurance for land, air, and sea; marine cargo insurance can shield your shipments from various accidents, theft, and natural disasters.
Single Coverage
Single coverage is perfect for that shipping on a per-shipment, irregular basis, and is a cost-effective way to ensure your cargo anytime it gets shipped.
Open Coverage
Open coverage plans offer shipping insurance coverage for any shipment on an annual basis, ideal for customers shipping consistently.
All-Risk Coverage
All-risk coverage will protect your cargo from all potential threats, covering loss arising from any fortuitous cause except those specifically excluded.
Named Perlis Coverage
This coverage can protect freight from non-delivery, collisions, bad weather, theft, and acts of God for insuring against notable risks.
General Average Coverage
If the vessel has problems at sea, all cargo owners must share the cost of recouping losses for ocean cargo. General average coverage insures you against this liability.
Warehousing Coverage
This coverage can help protect you against losses incurred while your products are stored when cargo needs to be in a warehouse.
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