Freight insurance, or goods insurance, is an insurance policy that protects goods’ owners against financial loss when goods are on their way from supplier to recipient. It is the goods’ owner's responsibility to insure the goods. Any business that sells, buys or otherwise has goods on the road, should consider whether a freight insurance should be undertaken. If you have freight insurance, the claim against your forwarder will be handled by your insurance company.
As a trading company, are you considering freight insurance?
Here are some issues you should consider: