Goods in transit face weather, theft, accidents, and handling mistakes. Cargo insurance provides financial coverage against physical loss or damage to goods while they move from origin to destination.

Policies may be arranged by the shipper, the consignee, or the carrier under contractual terms. Coverage can be all-risk or limited to named perils, and it typically excludes ordinary leakage, inherent vice, and inadequate packing. Certificates of insurance often accompany international shipments.

Claims require prompt notice, documented evidence of loss, and proof of value. Premium rates reflect commodity type, route, mode, and loss history. For high-value or vulnerable cargo, insurance is treated as an essential cost of moving goods rather than an optional extra.

• Coverage for loss or damage to goods in transit
• May be all-risk or named-perils
• Arranged by shipper, consignee, or carrier
• Claims require documentation and timely notice