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.
Talk to an Advisor
One Strong Voice
As a proud member of the Canadian Broker Network, CapriCMW brings you innovative products and pricing, and risk management support from local professionals across Canada.
Recent Blog Posts
Business Insights
Changes to Canada's Trademarks Act Come into Effect on June 17, 2019
As of June 17, 2019, a number of changes to the Trademarks Act will come into effect that could have…
Business Insights
Government of Canada to Implement Long-Term Surtaxes on Two Foreign Steel Products
The Government of Canada announced it would be implementing long-term safeguards on two types of…
Business Insurance
BC Government Announces Changes to Employment Standards Act
On April 29, 2019, the Government of BC announced its plans for changes to the Employment Standards…
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.
