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Logistics Cargo Insurance Management | Freight-Academy™

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GlossaryEN1 min readUpdated: Jun 25, 2026

Logistics Cargo Insurance Management

Logistics cargo insurance management is the systematic oversight of transport risks through the placement, administration, and claims handling of cargo insurance policies.

Quick Answer

Logistics cargo insurance management is the systematic oversight of transport risks through the placement, administration, and claims handling of cargo insurance policies.

It covers risk assessment of shipments by cargo value, transport route, packaging, and hazardous goods classification, and the selection of the appropriate coverage type – all-risk, named perils, or…

In freight forwarding practice, this discipline is most critical for high-value, time-sensitive, or perishable goods, where liability gaps arising from carrier liability caps under conventions such…

Last updated: 25 June 2026Published: 19 June 2025

Source: https://www.investopedia.com/terms/c/cargo-insurance.asp

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Logistics Cargo Insurance Management

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Definition & Explanation

Logistics cargo insurance management is the systematic oversight of transport risks through the placement, administration, and claims handling of cargo insurance policies. It covers risk assessment of shipments by cargo value, transport route, packaging, and hazardous goods classification, and the selection of the appropriate coverage type – all-risk, named perils, or single-transit policies. In freight forwarding practice, this discipline is most critical for high-value, time-sensitive, or perishable goods, where liability gaps arising from carrier liability caps under conventions such as the CMR or the Hague Rules must be bridged by a standalone cargo policy. Cargo insurance should not be confused with the freight forwarder's or carrier's liability insurance, which covers only their legally limited exposure, not the full commercial value of the goods. Proper claims management also requires complete loss documentation recorded at the point of delivery.

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⚖️ ICC Incoterms 2020

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Recommended format: Source: Freight Academy – Logistics Cargo Insurance Management (https://www.freight-academy.com/en/glossary/logistics-cargo-insurance-management), accessed 2026-09-18
APA style: Freight Academy Editorial Team. (2025). Logistics Cargo Insurance Management. Freight Academy. https://www.freight-academy.com/en/glossary/logistics-cargo-insurance-management
BibTeX: @misc{logisticscargoinsurance2025, title = {Logistics Cargo Insurance Management}, author = {{Freight Academy Editorial Team}}, year = {2025}, url = {https://www.freight-academy.com/en/glossary/logistics-cargo-insurance-management}, note = {Freight Academy, accessed 2026-09-18} }

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