Why do I need War Risks Insurance?
War Risks Insurance provides protection against war-related dangers—like stray mines, torpedoes, or terrorism—while cargo is at sea. It complements your main cargo policy and includes coverage for missing vessels. It also typically includes Strikes, Riots, and Civil Commotions (SR&CC) coverage, either bundled or added by endorsement.
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What does “CIF+10%” mean? Is a valued inventory list required? What happens if I under-value a shipment for insurance purposes? What do I do when i discover a loss or damage to a shipment? What is a General Average? I’ve shipped hundreds of times and never had a loss. Why would I want to insure? How should an insured act in the event of a claim for loss or damage? What is an 'All Risks' Policy (‘A’ Clauses)? I only import Cost Insurance and Freight (CIF). Why would I need added insurance? I already have my own policy. Isn’t that enough? What is the difference between inland transit insurance and ocean cargo insurance? What are the chances that anything will happen to my goods?New to Maersk.com?
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