What is logistics freight insurance?

First of all, cargo transportation insurance takes the goods in transit as the subject matter of insurance, and the insurer is responsible for the loss of goods caused by natural disasters and accidents.

Types include: railway cargo transportation insurance, waterway cargo transportation insurance, air cargo transportation insurance and road cargo transportation insurance. Due to different types of insurance, different insurance rates and different compensation ranges.

Therefore, foreign trade companies should decide which kind of insurance is more reasonable according to the nature of the exported goods, the different modes of transportation, the distance, the change of seasonal weather and the specific situation of the country of arrival at that time.

I hope I can help you. Thank you.