GlossaryEN1 min readUpdated: Jun 10, 2026

International Cargo Insurance

A shipment of electronics from Asia arrives in Hamburg, but saltwater damage occurs during transit.

Last updated: 10 June 2026Published: 19 June 2025

Source: https://www.iata.org/en/programs/cargo/insurance/

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Logistics Concept

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A shipment of electronics from Asia arrives in Hamburg, but saltwater damage occurs during transit. International cargo insurance steps in to cover loss, damage, and theft of goods during cross-border transport regardless of mode—vessel, aircraft, truck, or rail. The policy is typically taken out by importers, exporters, or freight forwarders and is often required for letter-of-credit transactions. Coverage scope varies (All Risks, Warehouse to Warehouse), affecting premiums and the insurer's liability limits.

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International Cargo Insurance

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