I already have my own policy. Isn’t that enough?
It might be—but check with your insurer:
- What are the deductibles?
- Are all risks covered, including war, strikes, and civil unrest?
- Are there exclusions that could leave you exposed?
You may find a more tailored or cost-effective solution depending on your shipping profile.
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I only import Cost Insurance and Freight (CIF). Why would I need added insurance? What are the chances that anything will happen to my goods? What are the “Incoterms”? Since I only ship Free on Board (FOB), do I really need insurance? Maersk offers cargo insurance. Do i need to buy own cargo insurance? How do I calculate the volume for my LCL cargo? What does warehouse-to-warehouse mean?New to Maersk.com?
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