Insurance Types

• FPA (Free from Particular Average): Covers total loss only
• WPA (With Particular Average): Covers partial losses
• All Risks: Most comprehensive coverage

Insured Amount

Typically 110% of cargo value to cover expected profit.

Claims Process

Notify insurance company and carrier immediately after incident, preserve all evidence, submit claim application.

Key Considerations

Read policy terms carefully, understand exclusions. Special cargo may require additional coverage.