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Types of Cargo Insurance Available

When seeking cargo insurance, it's crucial to understand the different types available. All-risk insurance provides the broadest coverage, protecting against a wide array of potential damages or losses. Named perils insurance, on the other hand, covers only specific risks explicitly listed in the policy. As a freight forwarder, you might also consider contingency insurance, which covers you in the event a client’s insurance fails to cover a claim. Each type has its advantages, and the best choice depends on your specific operational needs and risk tolerance.