Cargo Freight Insurance
Nov 22, 2024
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Insurance service is optional for any cargo. SeaRates recommends you to protect your cargo at all stages of transportation.
Our address
202 Room, First Street, Shangxue Industrial, Bantian Community, Shenzhen, Guangdong, China
Phone Number
+8615112609749
postmaster@ottshipping.com
Technology First
We offer a variety of transmission components
Secure your cargo at OTT Shipping
Secure your cargo with OTT SHIPPING While insurance for cargo containers is not compulsory, OTT SHIPPING strongly advises all clients to consider it. This service is particularly advantageous for the cargo owners (BCOs), as it provides financial compensation for potential losses that may occur not only during transit but also during the handling and acceptance phases of the cargo.
What does shipping insurance protect against?
What does shipping insurance cover? Every transport company listed on OTT SHIPPING commits to certain transportation responsibilities; however, their liability is strictly defined. Unforeseen circumstances may still occur, and only with adequate cargo freight insurance can these risks be mitigated
Weather-Related Damage
Our insurance offers protection against losses due to adverse weather conditions, such as storms, heavy rain, or flooding, which can affect the cargo during its journey.
Political Risks and War
In the event of political unrest, strikes, or war in the regions through which the cargo passes, insurance through OTT SHIPPING will provide compensation for any resulting damages or losses.
Typically, such risks include
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Intentional or unintentional damage by third parties |
The acceptance of all or part of the consignment |
Fire, natural disaster, catastrophe |
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Theft as a result of robbery |
Crash |
Fraud |
Insurance cost
The price of insurance depends on the amount of risk it covers. Choose one or another option is based on the selected type of carriage. Insurance options that are usually offered:
By booking a shipment at SeaRates you will receive an explanation of all insurance points that will help you make the right choice of an insurance policy.
Responsibility for a private accident.
Insurance against all risks.
Without liability, with the exception of a crash - for sea transport
Talk to an expert
Insurance is always a good idea! Need advice? Get in touch today!
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