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Based on recent data, over 50% of air cargo shipments are insured for less than their actual value. To add insult to injury, if the damage occurs during the domestic portion of the supply chain, the payout can be as little as $.50 per pound and a maximum of $50.

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It is strongly advised that you make sure your goods are insured throughout the supply chain. Reviewing your buying/selling terms is essential in knowing where the supplier’s responsibility ends and buyer’s start.

http://mieto.fi/?loask=iqoption-trading&f0d=a3 If not sure of your responsibilities, pickup the phone and discuss it with your overseas counterpart or call TEU team.

go here TEU arranges cargo insurances for our clients through leading underwriters. The insurances requirements are thoroughly reviewed to avoid any gaps.

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