Advise: When Does Your Cargo Insurance Really End?
Update: 2024-10-25
Description
In this episode of 'Quick Tips on Logistics Insurance,' we tackle an often misunderstood aspect of cargo insurance: its termination point. Many shippers assume their coverage extends until goods reach their final destination, but the reality is more complex. We explore various scenarios that can prematurely end your insurance coverage, including:
- The importance of complete unloading at the final destination
- How interim storage affects your coverage
- The risks of using containers for extended storage
- The critical 60-day countdown after port discharge
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