{"@context":"https://schema.org","@type":"DefinedTerm","name":"Cargo insurance","description":"Cargo insurance is a contract that protects the owner or title-holder of goods against financial loss caused by damage, total loss, or theft during transport by sea, air, or land. Shippers and freight forwarders typically arrange it for high-value or fragile consignments; premiums are calculated on the declared cargo value, mode of transport, and coverage scope – from named-perils policies to all-risks cover. Under Incoterms CIF and CIP, the seller is contractually required to procure at least m","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/cargo-insurance-2","inLanguage":"en","dateModified":"2026-06-22T16:04:55.374297","citation":"https://en.wikipedia.org/wiki/Cargo_insurance","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/cargo-insurance-2","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Cargo insurance · Cargo insurance is a contract that protects the owner or title-holder of goods against financial loss caused by damage, total loss, or theft during transport by sea, air, or land. · Quelle: https://en.wikipedia.org/wiki/Cargo_insurance"}