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Cargo insurance protects goods against covered loss, damage, theft, and other insured risks while they are in transit. It can protect shipments moving by sea, air, land, or through multiple transport modes, depending on the policy and selected coverage.
For businesses involved in international trade, cargo insurance provides financial protection against unexpected events that can affect goods while they move from origin to destination. CargoInsurePro helps businesses arrange coverage based on their cargo, shipment value, route, transport mode, and specific insurance requirements.
CargoInsurePro provides insurance solutions for sea, air, land, multimodal, and parcel shipments, along with liability protection for freight forwarders. We help businesses arrange suitable coverage based on their cargo, shipment, route, transport mode, and specific insurance requirements.
Protect goods transported by sea against covered loss, damage, and other insured transit risks. Marine cargo insurance can support businesses moving commercial shipments through international shipping routes.
Cover goods transported by air with insurance structured around your shipment and transportation requirements. Air freight insurance can help protect valuable or time-sensitive cargo while in transit.
Protect cargo moving by road against covered transit risks during domestic or cross-border transportation. Coverage can be arranged based on the cargo, route, and specific shipment requirements.
Freight forwarder liability insurance helps address covered liabilities that may arise from freight forwarding activities. We help freight forwarders arrange protection suited to their business operations and responsibilities.
When a shipment moves through more than one transport mode, multimodal cargo insurance can provide protection across the journey. We help structure coverage around the complete transportation route.
Protect individual parcels and smaller shipments against covered loss or damage during transit. Parcel insurance can provide an additional layer of financial protection for businesses sending goods to customers or other destinations.
Businesses that buy, sell, manufacture, or move goods can face financial losses when cargo is damaged, lost, or stolen during transit. CargoInsurePro helps businesses arrange cargo insurance based on their shipment value, cargo type, transport method, route, and insurance requirements.
Importers and exporters move goods across borders and can face transit risks throughout the journey. Cargo insurance provides financial protection against covered loss, damage, and other insured risks affecting their shipments.
Freight forwarders coordinate the movement of cargo across different transport stages. CargoInsurePro helps freight forwarding businesses arrange suitable insurance and liability protection based on their operations and responsibilities.
Traders and distributors regularly move commercial goods between suppliers, warehouses, and customers. Cargo insurance can help protect the financial value of goods against covered transit risks while shipments are in motion.
E-commerce businesses depend on reliable delivery of products to customers and distribution points. Parcel and cargo insurance can provide financial protection against covered loss or damage during transit.
Manufacturers often transport raw materials, components, and finished products between suppliers, facilities, and customers. Cargo insurance can help protect the value of these goods against covered transit risks.
Logistics and moving companies handle goods at different stages of transportation and delivery. Suitable cargo or liability insurance can help address covered risks associated with transporting or handling customers’ goods.
CargoInsurePro combines specialist cargo insurance expertise with access to established insurance underwriters and broker-led support. We help businesses arrange coverage based on their cargo, transport mode, shipment requirements, and policy needs.
CargoInsurePro is a MAS-Licensed Broker based in Singapore. As a regulated brokerage, we help businesses arrange cargo insurance through established insurance markets and find coverage suited to their shipment requirements.
CargoInsurePro specializes in marine cargo insurance and transit-related risks, helping businesses protect goods moving by sea, air, land, and multiple transport modes. We structure policies around what you are shipping and the specific requirements of your transportation.
We work with A-rated insurance underwriters, including Chubb and AIG, giving businesses access to established insurance markets. We help identify suitable coverage based on the cargo, shipment, and transportation requirements.
As a broker, CargoInsurePro goes to market on your behalf and negotiates rates based on your shipment and coverage requirements. This allows businesses to explore suitable coverage and competitive premiums through the insurance market.
CargoInsurePro offers flexible policy structures for different shipping needs, including single-voyage, annual, and open-cover arrangements. You can choose an approach that fits your shipment frequency and insurance requirements.
When a covered loss or damage occurs, CargoInsurePro provides end-to-end claims support throughout the claims process. We help manage the claim and coordinate communication with the relevant insurance parties.
The right cargo insurance policy depends on how often you ship and how you manage your insurance needs. CargoInsurePro offers single-voyage, annual, and open-cover arrangements to help businesses choose a policy structure that fits their shipping activity.
Single-voyage cargo insurance is designed for a specific shipment or individual journey. It suits businesses that ship occasionally and want to arrange insurance for one defined transit.
Annual cargo insurance is designed for businesses that ship regularly throughout the year. It provides an insurance arrangement for ongoing shipping activity instead of arranging separate coverage for individual shipments.
Open cover is designed for businesses with frequent or ongoing shipments that need an ongoing cargo insurance arrangement. It can simplify insurance administration across multiple shipments, subject to the policy terms and conditions.
From submission to policy in four simple steps
Fill in your shipment info — cargo type, value, route. Takes under a minute.
We check rates across our insurer panel and send you the best terms.
Approve the quote, pay securely online. Terms locked at payment.
Your certificate is issued and sent immediately. Coverage starts on your terms.
Cargo insurance costs depend on your shipment value, cargo type, transport mode, route, coverage, and risk exposure. Since every shipment is different, there is no single premium that applies to all cargo. Use our cargo insurance calculator to estimate your premium based on your shipment details.
CargoInsurePro is a Singapore-based specialist cargo insurance brokerage with expertise across Southeast Asia and other key Asian markets, with reach across the Middle East and 150+ countries worldwide. We help businesses arrange cargo insurance for international shipments based on their cargo, route, transport mode, and specific coverage requirements.
The advantages that set us apart from traditional insurance providers is our client-centric approach, where we treat our clients with honesty and sincerity.
Quick answers to common cargo insurance questions
CargoInsurePro can arrange cargo insurance policies within 24 hours, subject to receiving the required shipment details and completing the underwriting process. Once issued, the policy certificate can be sent digitally.
A cargo insurance broker works on your behalf to help identify suitable coverage from available insurance markets. CargoInsurePro helps structure coverage around your cargo, route, transport mode, and insurance requirements, while also supporting you through the policy and claims process.
If a covered loss or damage occurs, you should notify the relevant insurance parties and provide the required claim documents and evidence. CargoInsurePro provides end-to-end claims support, helping coordinate communication and guide you through the claims process.
Notify CargoInsurePro or the relevant insurer as soon as possible and take reasonable steps to prevent further loss or damage. Keep supporting documents, photographs, transport records, and other evidence available, as these may be required to assess the claim.
Yes. CargoInsurePro provides end-to-end claims assistance when a covered loss or damage occurs. Our team helps manage communication with the relevant insurance parties and supports you throughout the claims process.
Yes. CargoInsurePro offers single-voyage cargo insurance for specific shipments or individual journeys. This option can suit businesses that ship occasionally and want coverage for a defined transit.
Yes. CargoInsurePro offers single-voyage cargo insurance for specific shipments or individual journeys. This option can suit businesses that ship occasionally and want coverage for a defined transit.
Cargo insurance is generally calculated by applying the insurance rate to the insured or declared value of the shipment. A basic formula is:
Cargo Insurance Premium = Insured Value × Insurance Rate
For example, if a shipment is valued at $100,000 and the applicable insurance rate is 0.5%, the estimated premium would be $500. The actual rate can vary based on the cargo, route, transport mode, coverage, and risk exposure.
Download our comprehensive 50-page Incoterms guide with practical examples, insurance requirements, and real-world case studies from Southeast Asian trade.
Expert analysis and updates on cargo insurance, shipping trends, and regulatory changes across Southeast Asia. This includes crucial insights into common claim issues in marine cargo insurance and freight forwarder liability.
Protect your goods with cargo insurance tailored to your cargo, route, and transport mode. Our specialists can help you find suitable coverage for your shipping needs.
