Cargo Insurance
Liability for goods being transported by a third-party carrier is assumed by the carrier under a Bill of Lading or Shipping Contract. The owner of the goods; however, may want to ensure property is protected in the event of loss or damage, or shortcomings in the carrier’s insurance. The carrier may only be liable for loss or damage caused by negligence, and not for circumstances beyond their control. Your Bill of Lading or Shipping Contract will outline who is responsible for what, and to what extent.
A cargo insurance policy protects your interest in your property, and can be purchased for a single shipment or on an annual basis, if shipments happen regularly.
Recent Blog Posts
Business Insights
New Food Safety Regulations in Effect January 15, 2019
The new Safe Food for Canadians Regulations (SFCR) are in effect as of January 15, 2019, and some…
Business Insights
New Exemptions for Canadian Manufacturers Paying Steel and Aluminum Tariffs
Manufacturers in Canada who are paying tariffs on steel and aluminum are now eligible for new…
Business Insurance
WorkSafeBC Releases Health and Safety Guide for Craft Brewers and Distilleries
With the number of people now employed in craft brewing and distilling facilities, it's important…
What Our Clients are Saying About Us
Talk to an Advisor
Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.
