GlossaryEN1 min readUpdated: Jun 16, 2026
All-Risk Coverage Transport Insurance
All-risk coverage transport insurance protects goods against physical loss or damage from any external cause during transit, unless a specific exclusion applies under the policy terms.
Quick Answer
Last updated: Published:
Source: https://www.investopedia.com/terms/a/all-risks-coverage.asp
Category
Incoterms 2020 Simulator: Who bears costs & risk?
Reading time
1 min
Words
119
Mentioned in
–
Definition & Explanation
All-risk coverage transport insurance protects goods against physical loss or damage from any external cause during transit, unless a specific exclusion applies under the policy terms. It is the most comprehensive form of cargo insurance and the default choice for high-value or fragile consignments in international freight. Standard exclusions include inherent vice or defect of the goods, war and strike risks, and inadequate packing by the shipper. The coverage should not be confused with Total Loss Only (TLO) policies, which respond solely when an entire consignment is lost – a far narrower scope. Shippers and freight forwarders typically arrange all-risk cover through a marine cargo policy, regardless of whether the actual mode of transport is sea, air, or road.
Next steps
Matching tools and partners
Related Terms
You might also be interested in these terms
⚖️ ICC Incoterms 2020
Incoterms 2020 Simulator: Who bears costs & risk?
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Connect
Find a matching partner on this lane
Verified forwarders, ranked by coverage and profile — premium capped at 10%.
Logistics knowledge straight to your inbox
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Community Questions & Answers
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.
No community answers yet. Be the first.