Cargo insurance is essential to maintain economic balance in the event of an accident or theft of transported goods. Whether in road, air or sea modes, there are different forms of insurance, including mandatory and optional.

In national transport, policies can be made in a separate form, one for each transport or by an “open” policy, in which several trips are communicated by annotation. In international cargo transportation, the Incoterms (International Trade Terms) structure used for importing and exporting goods is followed. In this case, the liability of the insurance varies according to what is foreseen in the contract signed between the parties.

Regardless of the modal, the hiring of a Civil Liability insurance is mandatory. The law establishes that: “individuals or legal entities, of public or private law who are in charge of transporting cargo are obliged to contract civil liability insurance to guarantee the losses and damages arising from the cargo entrusted to them for transportation, against knowledge or bill of lading ”.

For bureaucratic tasks like hiring cargo insurance, count on Pearlink Global! We offer complete advice for all modes quickly and efficiently. Talk to us and find out how we can help you !