Cargo insurance is a type of insurance that covers losses to goods that are transported by sea, air, or land.

It is an important part of international trade, as it helps to protect businesses and individuals from the financial risks associated with shipping.

What is a cargo insurance claim?

A cargo insurance claim is a request for compensation from an insurance company for losses that have been incurred to goods that are covered by the policy. Claims can be made for a variety of reasons, including:

• Loss or damage to the goods
• Delay in the delivery of the goods
• The costs of salvage or recovery
• The costs of legal liability

How do I make a claim on cargo insurance?

To make a claim on cargo insurance, you will need to contact your insurance company and provide them with the following information:

• The policy number
• The date of the loss
• The description of the goods
• The value of the goods
• The cause of the loss
• Any supporting documentation, such as bills of lading or photographs

What is not covered in cargo insurance?

Cargo insurance policies typically have a number of exclusions, which means that certain losses are not covered. Some common exclusions include:

• Losses caused by war or terrorism
• Losses caused by inherent vice, meaning the goods were damaged due to their own nature
• Losses caused by the negligence of the insured

Who is liable for cargo damage?

The liability for cargo damage depends on a number of factors, including the terms of the contract of carriage, the applicable law, and the specific circumstances of the loss. The carrier is liable for damage to cargo that is caused by their negligence. There are a number of exceptions to this rule, such as if the damage is caused by an act of God or the negligence of the shipper.