# Cargo Insurance

*Last updated: 2026-06-16*

> Cargo insurance covers merchandise exclusively while in transit – from point of origin to final delivery, regardless of the mode of transport.

Cargo insurance covers merchandise exclusively while in transit – from point of origin to final delivery, regardless of the mode of transport. Unlike general property insurance, it responds specifically to loss or damage occurring during carriage and indemnifies the cargo owner or buyer against total loss, damage, or theft. Coverage scope is defined by the chosen policy wording: Institute Cargo Clauses (ICC) A provide the broadest all-risks protection, while ICC B and C are more restrictive and exclude specific causes of loss. Premiums reflect cargo type, routing, destination region, and packaging quality. Shippers may arrange cover directly or through their freight forwarder; under CIF and CIP Incoterms, the obligation to insure rests with the seller.

**Source:** [https://en.wikipedia.org/wiki/Cargo_insurance](https://en.wikipedia.org/wiki/Cargo_insurance)

## Quick Facts

| Property | Value |
|---|---|
| Term | Cargo Insurance |
| Language | EN |
| Word count | 115 |
| Last updated | 2026-06-16 |
| Source | https://en.wikipedia.org/wiki/Cargo_insurance |

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