Insurance purchased to protect against lost cargo transported via ocean. This is supplemental coverage and typically protects against losses the carrier does not cover.
Review your policy carefully to make sure you have the coverage you need. Many/most insurance providers will not protect against loss or damage due to issues like delays, negligence or strikes or other "civil commotion".
Sometimes, bad things happen to good cargo. UPS Capital offers insurance solutions that help mitigate risk in your supply chain.
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