Marine Cargo Insurance | Shipping Term Explained | Logistics Glossary

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Marine cargo insurance

Marine cargo insurance is the policy that covers any loss or damage to goods during marine freight transport.


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What does marine cargo insurance cover?

Marine cargo insurance applies from the warehouse at the point of shipment to the warehouse at the point of destination, including all intermediate transits by rail or truck. Basic marine cargo insurance covers perils of the sea, such as stranding, sinking, fire, and collision, as well as perils on the sea, including heavy weather and theft.


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