Cargo Insurance Explained: Why Carrier Liability Isn't Enough

A container of goods worth USD 300,000 goes overboard. Under the usual sea rules, the carrier pays about USD 21,900, roughly 7%. This video explains why carrier liability isn't insurance, which cover to buy (Institute Cargo Clauses A, B and C, and CIF value plus 10%), what even all-risks cover excludes, how general average works, and who buys insurance under CIF, CIP and FOB. Cargo insurance explained, the full guide: https://cargolinked.com/guides/cargo-... Cargo insurance exclusions: https://cargolinked.com/guides/cargo-... General average explained: https://cargolinked.com/guides/genera... Cargo insurance (glossary): https://cargolinked.com/glossary/carg... Certificate of insurance (glossary): https://cargolinked.com/glossary/cert... Incoterms (glossary): https://cargolinked.com/glossary/inco... CargoLinked isn't an insurer. Shipping soon? Post your shipment on CargoLinked free. Forwarders who cover your route can quote it, and you can message them before you accept, so ask whether they arrange cargo insurance: https://cargolinked.com Chapters 0:00 USD 300,000 lost, about USD 21,900 back 0:19 Carrier liability isn't insurance 0:53 What cover to buy 1:26 What it won't cover 1:56 General average 2:30 Who buys it: CIF, CIP, FOB 2:55 Recap and getting quotes The USD 300,000 example and the liability figures are from our cargo insurance guide; SDR conversions are approximate 2026 figures. This is general information, not insurance advice: the policy wording decides what is covered. #cargoinsurance #shipping #importexport