由 lltx1822 How to Insure International Cargo Transportation
Cargo transportation insurance is an important means to transfer risks in international transportation. There are several common types of insurance: basic 险 covers risks such as total loss of goods, partial loss caused by stranding, sinking, and fire. 平安险 has a wider coverage, including partial loss caused by natural disasters. 一切险 covers most of the general external risks during transportation. When insuring, first, determine the insured value, which is usually 110% of the CIF price of the goods (including cost, insurance, and freight). Second, choose a reputable insurance company, such as PICC, China Ping An, or international insurance companies like Lloyd’s. It is necessary to carefully read the insurance clauses to understand the scope of coverage and exclusions. For example, some insurance does not cover losses caused by war, strikes, or improper packaging. Before transportation, inspect the goods and take photos as evidence. In case of loss or damage to the goods, file a claim with the insurance company in a timely manner, provide relevant documents such as the bill of lading, commercial invoice, and survey report, and cooperate with the insurance company’s investigation.