What does warehouse-to-warehouse mean?
"Warehouse-to-warehouse" refers to insurance coverage that begins when goods leave the origin warehouse and ends when they arrive at the final destination. However, the actual coverage depends on the terms of sale (e.g., FOB, CIF). Coverage only applies if the insured party is responsible for it under the sales agreement. The start and end points may be inland, far from the ports.
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I only import Cost Insurance and Freight (CIF). Why would I need added insurance? I already have my own policy. Isn’t that enough? 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?New to Maersk.com?
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