The Digital Wealth Makers logistics guide
Cargo & International Transport Insurance: A Shield for Your Goods
An international shipment passes through many hands from origin to destination: warehouse, truck, port, ship, customs. At every point there is risk of damage, loss or delay. Cargo insurance removes this risk from your shoulders — if you choose the right type.
- 3 coverage levels
- Full loss cover
- Controlled risk
- Safe clearance
Policy
ProtectionJourneyCargo insurance is a contract in which the insurer commits to compensate damages to your goods during transit in exchange for a premium. Insurance usually costs 0.3-1% of the cargo value — a small price for peace of mind about your entire shipment.
Important: international transport insurance follows a standard — Institute Cargo Clauses (A, B, C) — offering three different coverage levels. On Servat Land, cargo insurance is purchased together with freight and claims are tracked through the platform.
The Digital Wealth Makers logistics guide
13 coverage levels
2Full loss cover
3Controlled risk
4Safe clearance
The Digital Wealth Makers logistics guide
Three levels of cargo coverage (Institute Cargo Clauses)
From basic cover to all-risk; know the difference between A, B and C.
Cover C — basic
The cheapest level; covers only major losses (ship sinking, fire, stranding, collision). Suitable for low-value, low-risk cargo.
Cover B — medium
Cover C plus more minor damage such as cargo falling overboard, sea-water ingress and package breakage. A good balance for most goods.
Cover A — all risks
The broadest cover; includes almost all physical risks. Recommended for valuable, fragile or sensitive goods like saffron and electronics.
The Digital Wealth Makers logistics guide
How to buy cargo insurance
Five simple steps from assessment to policy issuance.
01Assess cargo value
The final cargo value (price + freight + insurance) is the basis for the premium. Declare the value accurately; under-declaring reduces compensation.
02Define route & method
The route (origin/destination) and method (sea, air, road) determine the rate. Riskier routes carry higher rates.
03Choose coverage level
Based on cargo value and sensitivity, choose one of levels A, B or C.
04Pay the premium
The premium is usually paid before the journey starts. On Servat Land, it is calculated and paid together with the freight cost.
05Policy issuance
The policy is issued and uploaded to your order panel. This document is also required for customs clearance at the destination.
Cargo insurance in numbers
- Coverage levels (A/B/C)
- 0
- Max premium % of value
- 0٪
- Steps to policy
- 0
- Coverage up to full value
- 0٪
Coverage levels (A/B/C)
Max premium % of value
Steps to policy
Coverage up to full value
Frequently asked questions
Is cargo insurance mandatory?
Under some Incoterms (like CIF and CIP) yes; under others it's optional. But in practice, shipping valuable cargo uninsured is an unacceptable risk.
What doesn't cargo insurance cover?
Poor packaging, defective goods, delay without physical damage, war and strikes (unless endorsed), and losses from the sender's wilful fault are usually not covered.
How do I claim if goods are damaged?
On Servat Land, just register the claim in your order panel; attach documents (photos, bill of lading, policy) and the platform team follows the process until compensation is paid.
What is the difference between cargo insurance and carrier liability?
Carrier liability compensates only up to a legal cap (e.g. $2/kg under CMR); cargo insurance covers the real value. The gap between the two can be several-fold.
Is your cargo safe in transit?
With cargo insurance bundled into freight on Servat Land, rest easy from origin to destination.