I already have my own policy. Isn’t that enough?
It might be—but check with your insurer:
- What are the deductibles?
- Are all risks covered, including war, strikes, and civil unrest?
- Are there exclusions that could leave you exposed?
You may find a more tailored or cost-effective solution depending on your shipping profile.
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Related FAQs
What does “CIF+10%” mean? I’ve shipped hundreds of times and never had a loss. Why would I want to insure? What is a General Average? How should an insured act in the event of a claim for loss or damage? What is an 'All Risks' Policy (‘A’ Clauses)? Is a valued inventory list required? What happens if I under-value a shipment for insurance purposes? What do I do when I discover a loss or damage to a shipment? I only import Cost Insurance and Freight (CIF). Why would I need added insurance? What is the difference between inland transit insurance and ocean cargo insurance? What are the chances that anything will happen to my goods?New to Maersk.com?
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