Cargo insurance

Sheinfeld Logistics Services works in cooperation with the largest and most experienced insurance companies in the market, in order to insure your cargo with the best policy.

A marine insurance policy is a document that contains the terms of the insurer's (insurance companies') obligation to compensate the insured for losses and damages caused by the risks that appear in that document.

This is actually an insurance contract between the insurer and the insured.

The insurance is designed to cover physical damage caused to the cargo during transportation and unloading, both at sea, in the air and on land.

Cargo insurance is intended to give the importer "peace of mind" regarding his cargo and its transportation, and if the cargo is damaged, the insured can activate the insurance according to the events it covers.

Our representative will be happy to answer your questions and will even provide a quick response to your claim, should it occur.

As international forwarders, we meet the insurance in one of the above options:

CIF/CIP

If the goods are under CIP/CIF conditions, the supplier is obliged to insure the cargo. Until 12.31.19 in the terms of sale 2010, the obligation applies to the supplier:

Buy the cheapest and most limited insurance available, unless otherwise stated.

The insurance should be approximately 110% of the transaction value.

in the currency in which the transaction was made.