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Cargo Insurance
What documents are needed to claim cargo insurance?
The purpose of cargo insurance is to cover the insured for loss or damages caused to the goods during their transportation. Total or partial risks may be covered for events such as fires, crashes, explosions, etc. Insurance can also be applied to theft, contact with other loads, spills, etc. If there is any accident, a claim must be filed within the time limit established in the policy, and it will have to include documents such as:
1. Damage certificate
2. Invoice and documents that serve as evidence of expenditures related to transportation
3. Copy of the shipment acknowledgment
4. Copy of the claim made by the owner of the goods
If you want to know what types of insurance are necessary for a cross-border export, click here.
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