Such incidents can negatively impact your brand’s reputation and cost you a lot. Cargo insurance offers protection against those risks and mitigates them, keeping your business running.
You may have heard of the term general average. It is a globally recognised maritime law principle stating that if a ship meets with an accident or cargo needs to be discarded, all relevant parties should share the loss equally.
A cargo insurance certificate gives your suppliers and customers peace of mind by ensuring they won’t be stressed by damaged or lost goods. Instead, the insurance provider assumes the responsibility.
Legal Compliance
Cargo insurance is often a legal requirement to protect the client. Transporting colombia phone number list your goods without obtaining cargo insurance won’t just spoil your reputation—it could even put you under business-sabotaging fines and lawsuits. Therefore, protecting yourself with an insurance certificate will ensure you never have to worry about breaking these laws or rules.
While legal recognition and negotiability may differ in various jurisdictions, the cargo insurance certificate aligns with established international practices, even without specific international rules or conventions governing its usage or contents.
Assurance for Suppliers and Customers
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