Whether you are buying or selling goods from or to the international market, there is always a risk that they may be damaged, lost or delayed in transit.
Most people in the supply chain who facilitate the movement of goods operate under conditions limiting their liability in cases of loss, damage or delay. Traders should therefore insure their goods against loss, damage or delay in transit.
This guide will help you understand the importance of transport insurance to your business. It explains how to ensure appropriate insurance is in place and that you don't assume another party has made the necessary arrangements, leaving you liable in the event of a claim. The guide looks at the different clauses in insurance contracts, contains details about finding the right policy and how to make a claim.