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Cargo Insurance

Cosmo Freight Solutions offers risk-management for your supply chain by acting as your personal intermediary insurance broker to help you through all the tedious administrative work involved with cargo insurance from preparing a certificate to filing a claim.

We work with several international insurance brokers to provide you with direct insurance brokers to provide you with direct insurance coverage.  Our agents are fully trained to guide you through the entire process of selecting an appropriate cargo insurance product to eliminate all risks at the most cost-efficient rates.  Please speak to one of our experts if you have any questions or if you just need a quick insurance quote within minutes.  See below for the comparison of Perils Under FPA, WA or All-Risk Coverage.

 

Peril All-Risk With Average Free of Particular Average
Collision or contact of the conveyance with external object Covered Covered Covered
Discharge of cargo at port of discharge Covered Covered Covered
Fire and Explosion Covered Covered Covered
General Average and Salvage Charges Covered Covered Covered
Jettison Covered Covered Covered
Overturning or derailment of land conveyance Covered Covered Covered
Vessel or Craft stranded, grounded, sunk or capsized Covered Covered Covered
Earthquake, volcanic eruption, lightning Covered Covered  
Entry of sea, lake or river water into vessel, craft, container, etc. or place of storage Covered Covered  
Total loss of package lost overboard, or whilst loading or unloading from vessel or craft Covered Covered  
Washing Overboard Covered Covered  
Breakage and other physical loss or damage from any external cause Covered    
Contact with other cargo Covered    
Deliberate damage of destruction Covered    
Fresh Water Covered    
Hook damage or destruction Covered    
Improper stowage by shipowners Covered    
Non-Delivery Covered    
Pilferage Covered    
Ship sweat, steam of hold Covered    
Theft Covered