For the placement of International Cargo Transportation Insurance all the circumstances must be analyzed: risks, purchase/sale agreements involved and mode of transportation (overland, waterborne or airborne).    

An insurance policy provides protection according to the shipper’s requirements, and the type of merchandise to be transported. 

Additionally, the international trade terms (Incoterms, we have already written about them here in the blog), which determine the rights and duties of importers and exporters, are used for placement of International Cargo Transportation Insurance.

However, the most important step to be taken is doubtlessly the choice of an insurance broker specialized in International Transportation Insurance. The broker is the liaison between the insurer and the insured, and offers the best and most complete solutions in terms of insurance covers and warranties. Get in touch with the CredRisk Marine team and request a quotation!