During the import and export process, goods go through various stages from the time they leave the seller’s warehouse until they reach their final destination. These stages may include loading, inland transportation, sea or air freight, unloading, warehousing, and customs clearance. At any of these stages, there is a risk of damage, theft, loss, fire, natural disasters, or physical damage. Therefore, cargo insurance at origin is one of the most important risk-management tools in international trade, and many professional freight forwarders and traders recommend using it.
With its experience in trade and customs affairs, Shiates plans and facilitates the process of obtaining suitable insurance for imported and exported goods based on the type of cargo, shipment value, country of origin, transportation route, and mode of transport. Our goal is to ensure that your investment remains adequately protected against potential risks throughout the transportation process.
Choosing the right insurance is not simply an additional expense; it is an investment in protecting the value of your goods and preventing significant financial losses in the future. The key benefits of cargo insurance include:
Almost all imported and exported goods can be covered by insurance. However, insurance is particularly important for high-value goods, industrial equipment, machinery, raw materials, automotive parts, sensitive goods, medical equipment, electronic products, and perishable goods.
After reviewing the shipment specifications, Shiates selects the most suitable insurance coverage based on the type of goods, declared value, terms of the commercial contract (Incoterms), mode of transportation, and destination. When required, we also coordinate the preparation of documents, issuance of the insurance policy, and follow-up of insurance-related matters alongside our import, export, and customs clearance services, making the trading process simpler and more reliable for our customers.
If you are planning to import or export goods, the Shiates team is ready to review your shipment requirements, recommend the most suitable insurance solution for your business, and support you throughout the entire process, from transportation to customs clearance.