Cargo Insurance

Cargo Insurance Services

Protecting cargo value – Limiting financial risks – Peace of mind in transit

Cargo insurance is a financial protection solution for businesses when goods encounter incidents such as damage, loss, theft, accidents or natural disasters during transportation.

The Role of Cargo Insurance

• Financial protection: Compensating losses when goods encounter incidents during transport.
• Extended coverage: Helping cover losses exceeding the carrier’s liability limits.
• Business continuity: Limiting financial impact and supply chain disruption when major losses occur.

Common Insurance Types

• All-Risk: Broad coverage, protecting against physical losses within the contract scope, except specifically excluded cases.
• Per-voyage (Transit/Voyage): Applied to a specific shipment or voyage.
• Liability insurance: Protecting logistics businesses against claims and compensation liabilities to third parties.

Factors Affecting Insurance Premiums

Insurance costs typically depend on cargo value and nature, route, transport mode and trade terms (Incoterms). High-value, fragile goods or those requiring special storage usually carry higher premiums.

Vica Logistics – Peace of Mind on Every Journey

Vica Logistics helps businesses choose insurance solutions suited to cargo type, transport route and risk level, protecting assets and ensuring safe, stable logistics operations.

Contact Vica Logistics for advice on the cargo insurance solution that fits your needs.