Shipping Insurance and Protection

Shipping Insurance and Protection

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Shipping Insurance and Protection

Shipping Insurance and Protection is a set of measures and policies designed to safeguard goods during the transportation process, whether by air, sea, or land. This coverage provides financial security in case of damage, loss, theft, or other unexpected events that may occur while goods are in transit. Shipping insurance typically includes cargo insurance, which covers the value of the shipped goods, and liability insurance, which protects logistics providers against claims related to their services. Proper documentation, risk management, and legal contracts are also crucial aspects of ensuring the protection of goods and assets in the logistics and freight forwarding industry.