
Cargo Insurance
Covering all risks and losses to goods during the transport process, whether by sea (under the terms of Lloyds-London Standard Conditions), land or air from the supplier’s stores to the insured’s stores. The insurance ends upon reaching the agreed point or once the cargo is unloaded At the final destination, or by a period of time agreed upon by the arrival of the consignment to the final place (whichever is earlier). Insurance coverage can be extended, including the risks of war, riot, strikes, kidnapping (excluding ransom) and armed robbery under an additional premium.
