Import and export trade & cargo transportation .
Insurances for International Trade, Transportation & Logistics Industry
Some industries share similar issues that need to be considered when selecting an insurance policy. A typical example of this is the International Trade and Logistics industries. Issues like traffic safety and cargo storage exist in both industries and should be carefully considered.
1）Delayed delivery may cause income loss and additional expenses on your business. 2) Environmental and safety concerns of staff and products due to long-distance travel or transportation. 3）Stolen, lost or damaged equipment or cargo may occur during transit or storage in a warehouse. 4）Workers compensation claims by staff.
If you would like to learn more, consider marine insurance as an example:
Marine Insurance
Marine insurance is protects businesses involved in shipping or receiving goods, operating watercraft commercially, repairing vessels, running a marina, and more. There are different types of marine-related insurance policies – the type you choose will vary based on your specific needs. Usually, it will contain Marine Cargo, Marine Liability, Inland Marine and Loss of Control Engineering.
1) Goods transported by sea, air, rail or road from collection point to delivery 2) Marina operators, yacht clubs, ship repairers, port authorities and other marine service providers against third-party injury and property damage 3) Loss or liability for commercial vessel operators, such as charter or tourist boats, fishing vessels, tugs or barges 4) Trucking or logistics companies who transport goods within Australia 5) Pleasure crafts, such as yachts or cruisers for accidental damage, theft, sinking, property damage and even third-party injury for water-skiers
