Cargo insurance is an exemplary risk management tool that protects against financial losses due to lost or damaged cargo. The cargo insurance coverage includes events mentioned in the policy like vehicle accidents, cargo renunciation, damage due to natural calamities, acts of war, piracy, etc. It covers up to the limit of an amount insured and is different from carrier liability.
Customs rejection
Proper description of the severity of damage
orce Majeure events like a volcanic eruption or natural calamities