Cargo Insurance Services

Marine cargo insurance is comparable to other types of property coverage such as car and homeowner's insurance which are purchased to protect the financial interests of the owner of the vehicle or house. Cargo insurance covers against physical loss or damage from an external cause that occurs while goods are in route to their final destination. Coverage extends to an enormous number of causes of loss from theft from a parked truck enroute to the port, water damage caused by humidity inside a container, fires caused by combustion of neighbouring cargo – such as fireworks or batteries, or pallets falling off of forklifts while the goods are being loaded

As a logistics service provider, we KOST offer clients this important cargo insurance coverage on each and every shipment. It's a critical value add service that benefits Customers. Taking the time to offer to place cargo insurance on shipments demonstrates your best in class professionalism and that you are operating as a true partner by explaining the financial risks inherent in transit and the best remedy for recovery.

KOST Supports to provide this essential cargo insurance coverage for your clients, you also help yourself through reduced risks of negligence claims, superior retention, and to support the growth of your business.