{"id":12354,"date":"2023-09-28T14:52:34","date_gmt":"2023-09-28T12:52:34","guid":{"rendered":"https:\/\/www.centrimex.com\/the-basics-of-cargo-insurance\/"},"modified":"2025-07-24T16:27:43","modified_gmt":"2025-07-24T14:27:43","slug":"the-basics-of-cargo-insurance","status":"publish","type":"post","link":"https:\/\/www.centrimex.com\/en\/the-basics-of-cargo-insurance\/","title":{"rendered":"The basics of cargo insurance"},"content":{"rendered":"\n

As an approved freight forwarder and customs agent, Centrimex advises its clients every day on their choice of goods insurance. <\/strong><\/em><\/p>\n\n\n\n

Choice of INCOTERMS, risks to cover, damage to anticipate… Here’s a summary of what you need to know about import-export cargo insurance! <\/p>\n\n\n\n

What is the purpose of cargo insurance?<\/strong><\/em><\/h2>\n\n\n\n

When transporting goods, there are many risks of loss or damage. A ship can sink, a refrigerated container can break down and cause a break in the cold chain, a fragile product can break… <\/p>\n\n\n\n

Transported goods insurance is designed to protect you against any loss of value (or damage) by covering your goods in transit. <\/p>\n\n\n\n

When it comes to insurance, it’s essential to distinguish between risk and damage: <\/p>\n\n\n\n

Risks<\/strong> are the causes or events likely to affect goods.  <\/p>\n\n\n\n

Damage<\/strong> refers to the consequences suffered by the goods or their deterioration during transport or associated operations (handling, storage, loading, unloading, etc.). <\/p>\n\n\n\n

Who is responsible for insuring goods during shipment? <\/strong> <\/em><\/h2>\n\n\n\n

The insurance policy can be taken out by the various players involved in logistics: <\/p>\n\n\n\n