What is covered under cargo insurance?
Cargo insurance is risk mitigation that protects you from financial loss due to damaged or stolen cargo. Losses from covered perils covered by ICC Clause A cargo insurance will be paid for the amount of the loss you insured, up to the stated value of your freight or commodity, for events such as acts of God (natural disasters), jettison from vessel, washing overboard, transportation vehicle accidents, and if the policy includes it, acts of war, and piracy.
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