You’ve watched the news about the jettison of cargo containers during a storm, ships capsizing due to bad weather or human error, and even hijacking of container vessels.
Sometimes, the loss is not as dramatic but equally damaging – cargo that gets damaged during transit, during loading or unloading, or defective containers that allow nature’s elements to spoil the goods inside.
Cargo risk does not just hurt your profit margin. If you were depending on this shipment to generate cash flow, cargo risk like this can sink your company. With so much at stake, how can you manage your risk better?
Since 1976, Grand Trust Underwriters had been a leading company in the market for providing cargo insurance coverage to clients in Hong Kong.
We represent two of the world’s largest insurers: AIG Insurance Hong Kong Limited and CHUBB Insurance Limited. With their vast global network of operations in more than 160 countries and jurisdiction, we can provide you with the speediest loss adjusting service and specialist support. Our cargo insurance for Hong Kong-based organizations is second to none in terms of prompt administration, processing, and communication.
To learn more about our coverage, please visit this page: Cargo Insurance Coverage
Other than air or ocean, your shipment will be traveling overland as well. Inland Transit Insurance is designed to cover this risk, whether your cargo is on route to the ports or being delivered to a specific destination in Hong Kong.
Accidents, derailment, natural hazards, robbery, and theft – these are all common risks when your goods are in transit. Any loss incurred will cause financial stress to your company, sometimes to a devastating result.
This is where Inland Transit Insurance comes in. Our extensive coverage can be tailored to different options and quotation based on your needs.
Coverage for Inland Transit Insurance will begin from the time the goods leave the covered location for the commencement of the transit and continue during the ordinary course of transit, including customary transshipments.