Cargo Insurance Services

TEU Global nurtures the trust it builds with its clients by assisting them in reviewing their risks throughout the supply chain and then getting the most appropriate insurance wrap for their consignments, through reliable underwriters. Our focus is to ensure that every shipment is properly assessed, and every possible risk exposure is identified before your cargo even moves. With years of experience in global logistics and insurance, we understand that every shipment, whether large or small, carries its own set of unique risks.

Steamship lines, airlines, forwarders, NVOCCs, and other transportation intermediaries are not liable for much if your cargo is lost or damaged in transit. Each one has a limited liability clause in their terms and conditions, which greatly restricts the compensation you may receive in the event of a loss. This is where TEU Global makes available its expertise to help you clearly see the hazard exposure your consignments will be subjected to, and how specifically you can address each hazard. We help you understand these terms, navigate the fine print, and ensure you’re not left unprotected when something unexpected happens.

Freight Forwarders pay you compensation only if you can prove that they were at fault, and even then, compensation will be based on weight of the cargo and other factors. Often, even if they are at fault, the value of the cargo may be 100 times higher than the compensation paid by them. This leaves businesses exposed to significant financial losses if they rely solely on the limited liability provided by these carriers. We provide you Cargo Insurance at the full price/value of the cargo, offering true financial protection that reflects the actual value of your shipment, not just a fraction of it.

At TEU Global, we understand that cargo insurance is not just about protecting your goods it’s about protecting your business and reputation. Damaged or lost cargo can result in more than just financial loss; it can damage customer relationships, disrupt your supply chain, and impact your bottom line. Our cargo insurance solutions give you peace of mind that you are fully protected, no matter where your goods are headed or what challenges may arise along the way.

Additionally, we will gladly support your reviewing of buying/selling terms so you know exactly where the supplier’s responsibility ends and the buyer’s starts. In international trade, the division of responsibility between buyer and seller can be complex, and misunderstanding these terms can expose both parties to unnecessary risk. TEU Global helps you navigate these contractual obligations to make sure your interests are protected at every stage of the transaction.

Our team works closely with reliable underwriters who understand the complexities of global logistics, ensuring that your insurance coverage is both comprehensive and customized to your specific needs. Whether you are shipping regionally or internationally, moving standard or high-value cargo, TEU Global ensures that you are covered.

Please pick up your phone and call TEU Global. Let us help you safeguard your cargo, minimize your risks, and ensure that your supply chain remains strong and uninterrupted.