Does your company have cargo transports that are under your own responsibility? How has your company prepared for cargo losses not covered by the driver's liability?
If cargo is destroyed or disappears during transportation, your company may incur considerable financial losses or a business interruption. The cargo carrier's responsibility is limited, and the sum insured by the driver's general liability insurance may be just a fraction of the actual value of the loss.
The best way for your company to prepare against cargo losses is through Cargo Insurance, which covers cargo losses during transportation. Cargo Insurance provides cover for
- fixed assets
- foreign property.
Once we have found out the appropriate level of Transportation Cover, your company can focus on carrying on with your business even if losses occur.