Skip to main content

Every day there are many goods circulating on the roads of the planet, sold by some and bought by others. Cargo insurance is the necessary protection for these goods in transit, as it mitigates the incalculable losses, damage and deterioration that can occur during sea, air or road transport.

Read today’s publication to find out more about protecting your cargo from the risks associated with moving it.

What is the importance of Cargo Insurance?

Goods Transport Insurance is a protection against loss and damage that may occur to goods during transport. Cargo Insurance is available for all national and international transport. Depending on the type of transport (air,ocean, road), there are different modalities and policies.

What are the advantages of Cargo Insurance?

It should be seen as a strategic element of the business with the aim of reducing costs, eliminating risks and adding value to management. Its main advantages are:

• Ensure the safety and efficiency of operations – Avoid the risk of financial consequences associated with any claims that may arise during the journey;

• Risk Reduction – Minimising the total cost of damage in the event of an accident, which is already a cause of delivery delays and replacement of goods;

• Competitive Advantage – Adding value to cargo security strengthens commercial relationships, transparency and market confidence.

Why should you take out Cargo Insurance?

For many reasons, loading and handling areas are not always ideal, and this may compromise safety and maintenance. Combined with this, the problems of theft and robbery should also be considered when planning any type of transport. Therefore, the best way to manage these risks is to mitigate them. By avoiding or minimizing potential financial loss, it helps to predict future events with confidence, and contributes to a company’s predictability and profitability.

Avoid discrepancies, loss and damage to your cargo. Protect your business and your relationship with your customers. With the help of Olicargo’s experts, you will know which are the most recommended insurances for each type of transport and the benefits that can be added to your business.

Sources:

CredRisk Marine Blog. (2020). Confira 4 vantagens do Seguro de Transporte de Carga. Consultado a 02 de janeiro de 2024, em: https://blog.credriskmarine.com/confira-4-vantagens-do-seguro-de-transporte-de-carga