Safeguard Your Cargo from the Unexpected
If your company does not have cargo insurance, we would strongly recommend that you obtain it either through Unique Logistics or under your own policy. Having cargo insurance will limit your company’s financial exposure.
Here are some of the advantages of carrying cargo insurance on your international air/ocean shipments:
- Claims are processed within a shorter time frame.
- Coverage includes the freight, commercial invoice value (the purchase cost from vendor/export value declared at origin), customs duty, and a 10 percent residual value.
- Cost is less than 0.5 percent (half percent) of the cost of any imported commodity.