{"@context":"https://schema.org","@type":"DefinedTerm","name":"insurable value","description":"Accurate declaration of insurable value is the foundation of any cargo insurance arrangement, as it determines both the premium and the maximum indemnity payable in the event of loss or damage. For goods in transit, insurable value typically comprises the invoice price plus freight charges, import duties, and other ancillary costs incurred up to the point of delivery. If the declared value falls short of the true economic interest, the policy is underinsured and the insurer will apply a proporti","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/insurable-value","inLanguage":"en","dateModified":"2026-06-19T00:44:21.195374","citation":"https://en.wikipedia.org/wiki/Insurable_value","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/insurable-value","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"insurable value · Accurate declaration of insurable value is the foundation of any cargo insurance arrangement, as it determines both the premium and the maximum indemnity payable in the event of loss or damage. · Quelle: https://en.wikipedia.org/wiki/Insurable_value"}