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 Insurance / Cyber Insurance, data breach, ransomware
Video: How to Protect Your Organization Against Ransomware

Ransomware is one of the most damaging types of cyber attacks and cyber criminals are becoming more…

Jan 22nd, 2020 | By: CapriCMW
Employee Benefits / employee benefits, long term disability, maternity leave
Returning From Mat Leave: Insurers Stop Reset of Pre-existing Conditions Clauses for Long-Term Disability

Recently, major Canadian insurers have stopped applying the pre-existing conditions clauses for…

Jan 16th, 2020 | By: CapriCMW
Business Insights / food safety, food and beverage
New Requirements Under Safe Food for Canadians Regulations in Effect January 15, 2020

As of January 15, 2020, fresh fruits and vegetables businesses, including growers and harvesters,…

Jan 8th, 2020 | By: CapriCMW

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