Marine Cargo Business is not constrained by borders, and goods are shipped around the world. The transit from its “Origin” to “Destination”, is exposed to various risks. The domestic movement or importing and exporting of goods can expose you (Seller/Consignor) or (Buyer/Consignee) to massive financial losses in case shipments gets damage in transit or lost. It is crucial to protect these goods from the various possible mishaps, enabling you to run you trade/business smoothly.
Domestic shipment is
transportation of cargo between two places or states within the country.
Specific Policy: Covers the single specific shipment only during the policy period.