Ocean Cargo Insurance

Ocean cargo insurance is a type of insurance that protects goods being transported over water, such as by ship, from loss or damage. This coverage can apply to various risks, including accidents, theft, or bad weather. If goods are lost or damaged during transit, the insurance helps cover the financial losses incurred by the owner. Businesses or individuals shipping valuable items often purchase this insurance to safeguard their investments. Overall, it provides peace of mind, ensuring that the owner is compensated for their goods if something goes wrong during the journey.