The policy provides coverage for Trade or Personal Cargo whilst being transported from one place to another through different modes of transports. There are varieties of covers to choose from depending on the nature of the cargo.

  ♦  Amongst the covers available are

  ♦  All Risks for Air and Sea.

  ♦  Overturning, Fire and explosion, sinking or total damage to the transporting vessel

  ♦  Non delivery of entire cargo

  ♦  Land Transits

  ♦  Air Parcel Post and other tailor made coverage.

The Amount covered is the agreed value, which in most cases will be CIF and/or C&F plus 10% or FOB plus 10% to 20%.