PROTECT YOUR GOODS: WHY CARGO INSURANCE IS A MUST

Risks During Transport Are Unpredictable

     There are many risks when transporting goods, especially in international shipping where factors like weather conditions, loading/unloading, multiple transit stages, and long travel times can cause unexpected problems.

     In practice, many export/import shipments suffer damage — such as torn packaging, wet goods, missing items, or even complete spoilage. In these cases, your goods can be affected or completely lost, which may lead to severe financial consequences. The value of a shipment can sometimes be enough to threaten a business’s survival.

     So, what can you do to compensate or reduce your losses if something goes wrong?

It’s simple — you just buy cargo insurance.

     Cargo insurance is essential because if an unfortunate event occurs, you will be compensated and your financial loss will be reduced.

Image: Potential Causes of Cargo Damage

1.HOW MUCH DOES CARGO INSURANCE COST? IS IT EXPENSIVE?

     Many people are not aware that the cost of cargo insurance is very low compared to the value of the shipment.

     For example:

• • • A shipment worth USD 10,000
    • Typical insurance cost: 0.3% of the insured value (minimum USD35 per shipment)

     This means that by paying only around USD 35, you can protect a shipment worth over USD 10,000. So, why hesitate to purchase cargo insurance?

2.HOW CAN CARGO INSURANCE BE SIMPLE, TIME-SAVING, AND COST-EFFECTIVE?

     Knight Logistics is an official insurance agent of CHUBB LIFE, one of the world’s largest and most reputable insurance corporations.

     We understand our customers’ concerns and are committed to making the insurance process simple, affordable, and hassle-free. Our experienced team not only assists with policy arrangements but also provides professional support in the event of cargo incidents, ensuring fast handling and peace of mind.

Contact Knight Logistics today for expert advice on cargo insurance, quick quotations, and reliable service.