Insurance of goods in transit – cargo

More informed decisions for our clients
In order to  introduce clients with the process of transport, international rules and regulations, obligations, good practices and the consequences of non-compliance the procedures provided for all participants in the transport chain -from the moment of accepting the transportation of goods to the delivery of goods to the final address -  every month from now  you can read the article about the chosen topic of the month,  on the official website agent Plus group ( 

You can email your suggestions and questions August  is reserved for goods insurance in transport.

Insurance of goods in transport is property insurance of goods being transported, goods in the warehouse waiting for further shipment. The insurance covers all damage caused by physical loss and damage to goods in international or domestic transport. The goods are secured from all transport risks, plus an additional premium for insurance against specific risks (fracture, leakage, malfunction, etc.). The insurance can be concluded individually, for each completed transport, or according to the general policy (GPT) for all services performed during the period covered by the contract. For the insurance of goods in international transport, a contract for the international purchase and sale of goods  is used as based. Transport goods are insured against the risk of loss, destruction or damage due to unforeseen, external risk factors. Goods, regardless of the means of transport, are subject to a transport relationship or its type, throughout the journey to the destination, exposed to a range of different risks that may cause damage to it (loss of value) and, in the worst case, complete loss.


Goods insurance is the only instrument that provides full compensation in case of damage or alienation of goods during transport. Agent Plus recommends insurance of goods in transport from all risks and offers very favorable premiums for All Risk Insurance to its clients.

Is it a really very important to insurance  goods in transport ?

Goods in transport can be insure from:

All risks – by clause all transport risks,  Institute Cargo Clauses (A)
Individual risk by clause Institutional Clauses (B)
Individual risk by clause Institutional Clauses (C)
Supplementary risks of the Institutional clause for the insurance of goods against war risks / In addition to Insurance A, B, C.
Supplementary risks of the Institutional Clause for Insurance against Strike Risk / Additionally to Insurance A, B, C.

The only way to ensure goods and protect / importer / exporter of the goods as the owner is  to insurance goods in transport

The basis for insurance of goods in transport is defined by Incoterms on the basis of the agreed sales parity.
The insurance of goods directly relates to the goods and protects the owner of the goods. In the event of damage to or damage to the carrier, in the event of damage or loss on the consignment, the burden and the obligation to prove the liability of the carrier fall on the owner of the goods, which often results in long-lasting disputes and significant damage, In most cases, carriers are not responsible for damages, loss of goods, as there are risks in the transport under high power where there is no carrier liability (weather, general disasters, etc.). Also, the liability of the carrier is limited by international conventions to of a certain amount, which is determined by the weight or number of carriages that are being transported, not by the real value of goods!

Types of risks

Risks are divided into:
basic-covered by a policy with a regular premium such as, for example, traffic accidents, natural disasters, burglary, theft and risk of maritime transport
supplementary – covered by the policy only when specifically agreed upon and with an additional premium such as, for example, manipulative risks, shortage and failure for any reason
special warfare, the risk of the strike and the shortage of goods being transported

HOW much goods  insurance can cost?
Like all other insurance and insurance services, you pay this insurance through the insurance premium. The risk premium is usually calculated depending on the value of goods, the type of goods, as well as the relation and the means of transport used and other specific risks. The same premiums are not the same for all types of transportation, so always ask and look for an insurance offer. The amount of insurance premium depends on the amount of the estimated risk, probability of occurrence and the value of insurance.