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 / Manufacturing, innovation, SME
Government of Canada Announces $100 Million Funding for Steel and Aluminum Manufacturers and Users

The federal government has announced the launch of the Regional Economic Growth through…

Mar 13th, 2019 | By: CapriCMW
Business Insurance
WorkSafeBC's 2019 Plans for Reducing Serious Injuries in Construction

On average, serious injuries occur far more often - three times more, in fact, according to…

Mar 5th, 2019 | By: CapriCMW
Business Insurance / Manufacturing, stock throughput, inventory, supply chain
A Different Way to Protect Your Inventory Through the Entire Supply Chain

For businesses with operations that involve the full chain of production, a single all-encompassing…

Feb 28th, 2019 | By: CapriCMW

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