Logistics Insurance

Business Insurance

Category: Marine

Logistics Insurance is designed to cover the risks associated with the transportation, storage, and handling of goods throughout the supply chain. It protects businesses in the logistics sector against potential losses or damages that can occur while goods are being transported, stored, or handled by third parties. This type of insurance covers various risks such as theft, accidental damage, delays, and loss of goods during transit, as well as liability for any damage to third-party property or injuries that occur during the logistics process.

The information provided on this website is only general information. Please refer to the policy's full terms, conditions and exclusions for the specific details and coverage.

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Logistics Insurance is ideal for:

Logistics Providers

Companies offering transportation, warehousing, and distribution services, including freight forwarders, courier companies, and third-party logistics (3PL) providers.

Shippers and Exporters

Businesses that regularly ship goods across regions or internationally.

E-commerce Companies

Online retailers that rely on the transportation and delivery of goods to customers.

Manufacturers and Suppliers

Companies that need to move raw materials or finished products from one location to another.

Warehouse Operators

Companies that store goods on behalf of others and are responsible for safeguarding inventory.

Freight Companies

Businesses handling cargo transport and logistics on behalf of clients.

The information provided on this website is only general information. Please refer to the policy's full terms, conditions and exclusions for the specific details and coverage.

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Protection Against Loss or Damage: Goods in transit are vulnerable to various risks, including theft, accidents, and natural disasters. Logistics Insurance covers these risks, ensuring that your business is protected from financial loss.

Covers Delays and Disruptions: If goods are delayed or lost, it can disrupt the supply chain and impact business operations. This insurance helps mitigate the financial consequences of these disruptions.

Liability Protection: Logistics Insurance can provide coverage for liability claims if goods are damaged while in the care of the logistics provider, or if there are accidents resulting in injury or property damage to third parties.

International Coverage: Logistics often involves international shipping, where goods are exposed to different regulations and risks. This insurance helps businesses navigate global logistics and mitigate risks across borders.

Business Continuity: For businesses that depend on the timely delivery of goods or materials, disruptions can lead to lost income and damaged relationships with customers. Insurance helps ensure that you can recover financially from incidents, reducing operational downtime.

Peace of Mind: Logistics operations are inherently risky, and accidents or unforeseen events can have a significant financial impact. With Logistics Insurance, businesses can operate with confidence, knowing they have financial protection in place.

Logistics Insurance is essential for businesses involved in the transportation, storage, and handling of goods, offering comprehensive protection against a wide range of risks and helping to ensure smooth, efficient, and secure operations across the supply chain.

The information provided on this website is only general information. Please refer to the policy's full terms, conditions and exclusions for the specific details and coverage.

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Ready to secure your assets?

Get in touch with our team today. We will be happy to assist!

B. T.

"Sheila Goh, our primary contact, understands our strategy and is able to tailor insurance products that suit our needs. When an insurance claim had to be made, the process was seamless and settlement timely.