Every shipment represents more than just goods in transit: it is the result of investment, effort, and commitment to your clients. However, the transport of goods, whether by land, sea, or air, involves inevitable risks, such as theft, accidents, or damage during handling. In this context, the key question is: Is your business prepared to face these eventualities?
Cargo transport insurance is an essential tool that protects goods during their transfer, offering peace of mind and guaranteeing the continuity of commercial operations. In this article, we will explore what this insurance is, what it covers, and why contracting it is a strategic decision for any company engaged in trade and logistics.
Cargo transport insurance is a contract designed to mitigate the economic consequences derived from potential claims that affect cargo during its transfer. Its main objective is to minimize the financial impact of any unforeseen event that may occur during the journey, such as theft, accidents, or damage to the goods.
This insurance adapts to all types of goods, from manufactured products to raw materials, including cargo subjected to special conditions such as temperature control, ADR regulations, risks of shrinkage in bulk cargo, or contamination of goods. It offers protection to minimize the impact of any unforeseen event in the logistics chain.
Whether you transport goods domestically or internationally, transport insurance can be adjusted to the required routes and destinations. In cross-border operations, its role is even more crucial, protecting the goods throughout the entire journey, regardless of logistical complexity.
Having international cargo transport insurance is synonymous with a comprehensive security solution that ensures continuity and trust in commercial operations.
The transport of goods involves multiple risks that can affect the cargo at any stage of the journey. Cargo transport insurance with ICC A coverage (all-risk) covers any eventuality that is not expressly excluded, thus providing complete protection.
Damage due to accident or improper stowage: Cargo may suffer damage due to collisions, overturning, or incorrect distribution within the means of transport. ICC A coverage helps mitigate the economic impact of these events.
Deterioration of temperature-controlled goods: Certain goods may be rejected by the recipient if they do not arrive at the indicated temperature. Adequate insurance protects against these incidents.
Damage during loading and unloading: This insurance covers damages that occur during these phases, provided that the handling is carried out by the insured or their dependents. Furthermore, recent legislative changes have transferred the responsibility for loading to the shipper, unless there is proof that the carrier has invoiced for this service.
Intermediate storage: Specific coverage can be included for intermediate storage for up to 60 days, although this is usually considered additional guarantee within the policy.
Financial Protection: Economic losses derived from a claim can be significant. Insurance covers damage to the cargo and prevents the company from incurring unforeseen costs due to theft, accidents, or damage.
Peace of Mind in the Supply Chain: The correct flow of goods is essential to maintaining any business's operations. This insurance minimizes the impact of incidents during transport, allowing you to meet commitments and delivery deadlines without affecting the company's reputation.
Compliance with International Regulations: In foreign trade, many operations require specific insurance to comply with customs and contractual regulations. International cargo transport insurance ensures that the cargo meets these requirements, avoiding legal problems and logistical delays.
The insurance sector offers multiple options, but having the backing of a company specialized in transport insurance makes a difference. Assek Europe, with its agile and personalized approach, guarantees solutions adapted to each client, ensuring their merchandise is protected at all times.
Every shipment represents an investment and a responsibility. Do not let an unforeseen event affect the continuity of your business. Discover how Assek Europe can help you find the ideal coverage for your needs.