Cargo insurance
Term · Insurance and risk management · MLC-T-INS-000688
Coverage that protects goods and merchandise while in transit, whether by land, sea, or air, against loss or damage from specified perils. This insurance safeguards the financial interests of shippers, carriers, and consignees against risks like theft, collision, natural disasters, and improper handling. Policies can be tailored for single shipments or provide open coverage for all shipments over a period.
| Identifier | MLC-T-INS-000688 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Auto |
Record as JSON
{
"id": "MLC-T-INS-000688",
"term": "Cargo insurance",
"field": "Insurance and risk management",
"definition": "Coverage that protects goods and merchandise while in transit, whether by land, sea, or air, against loss or damage from specified perils. This insurance safeguards the financial interests of shippers, carriers, and consignees against risks like theft, collision, natural disasters, and improper handling. Policies can be tailored for single shipments or provide open coverage for all shipments over a period.",
"subject": "Commercial Auto",
"url": "https://mlchart.com/terminology/insurance/cargo-insurance/"
}
Record 468 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.