indonesian Shipping Insurance and Cargo Insurance Coverage

indonesian Shipping Insurance and Cargo Insurance Coverage ; "All-Risks" is the most common form of cargo insurance. An "All-Risks" policy insures approved general merchandise against risks of physical loss or damage from external causes. Approved general merchandise includes new packaged goods listed in the commodity schedule. "All-risks" policies, however, do not cover all losses possible in the course of an international shipment.

All-Risks coverage protects cargo in transit from door-to-door. This means the cargo is covered from the time it leaves the shipper's door until it arrives at its final destination, as long as it is not taken out of normal course of transit by the insured. Consider the following transaction:

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