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.
Resources
Employee Benefits
New Pay Disclosure Requirements Now in Effect for BC Employers
As of November 1, 2023, employers are required to include wage or salary ranges in job postings open to BC residents.
Personal Insurance
Insurance Implications of a Side Hustle
As inflation and interest rates remain at the highest levels seen in decades, many Canadians have been exploring different options to for supplementing their income. If you are planning to begin taking on freelance or part-time work alongside your…
Business Insurance
Explaining the 'Named Insured' in Your Business Insurance
Policy wordings for business insurance can be highly complex and the technical and legal language can be overwhelming to interpret. However, there is one term in particular - the named insured - that is extremely important for you to understand as a…
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Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.
