I’ve shipped hundreds of times and never had a loss. Why would I want to insure?
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That’s great—but the more you ship, the more likely a loss becomes. Risk models show that nearly 30% of cargo losses are unavoidable. Insurance helps you manage that risk efficiently. Also, in ocean shipping, you could be liable for someone else’s loss under General Average—even if your cargo is undamaged.
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Related FAQs
Can Maersk assist me with cargo insurance for journeys through areas like the Bab el-Mandeb strait and the Red Sea? Doesn’t the shipping company have to cover my loss? How do I calculate the volume for my LCL cargo? I only import Cost Insurance and Freight (CIF). Why would I need added insurance? Since I only ship Free on Board (FOB), do I really need insurance? What are the “Incoterms”? What do I do when I discover a loss or damage to a shipment? What does 'CIF+10%' mean? What is Cargo Insurance? What is a General Average? What is an 'All Risks' Policy (‘A’ Clauses)?New to Maersk.com?
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