Cargo Insurance

The probability of sustaining a loss on goods in transit is greater than customers may think.

For example, on average, a ship sinks every day. Long voyages, extensive moving and shifting of cargo and bad weather all add substantially to the potential for loss or damage. Many customers are misled into relying on the carrier to pay for their losses in transit. That can be a big mistake. Carrier liability is very limited (see chart below). Also, most carriers are not responsible for losses which are unpredictable, force major and beyond their control. OVERSEAS FREIGHT COMPANY works with you to design the policy that meets your unique transportation needs.

Services include.
Ocean and airfreight coverage
Inland truck coverage
Comprehensive “all risk”, warehouse-to-warehouse coverage (including high risk countries)
Highly technical or sensitive equipment
Contingency coverage
Container insurance
Distribution and/or warehousing (including bonded warehousing)
War risks protection