Transport insurance primarily means conventional freight transport insurance, which is becoming increasingly important with the huge rise in trade flows around the world.
Transport insurance covers all risks of damage to or loss of goods during transport and storage, be it by land, air or sea.
Transport insurances constitutes cover:
- Against all risks: Full coverage, i.e. for all risks for goods in transit and for financial losses
- As a limited coverage, i.e., coverage only against certain risks / elementary events/forces of nature.
- For the shipping of general and bulk cargo of temperature-controlled goods.