Air Cargo Insurance Exclusions: What’s Not Covered?
Posted: Tue Feb 11, 2025 8:38 am
Whereas air cargo insurance covers almost everything, there are still some cases where coverage doesn’t apply. You should know these exclusions to avoid any surprises. Here are the things that are usually not covered by air cargo insurance:
Customs rejection: The insurance doesn’t cover if your cargo is rejected, delayed, or confiscated by the customs authorities because of any restrictions or missing documents.
Improper packaging: If your goods are damaged because of poor or improper packaging, then the insurance company will not cover the loss. So, proper packaging and sealing of your shipments are critical to avoiding any damages that may result in financial losses.
Delay in shipment: Not every insurance company covers losses caused by shipment delays, such as missed deadlines or financial setbacks.
Wear and tear: Natural wear and tear, such as fading, rusting, or spoilage, is not protected by insurance unless caused by a covered event.
Damage because of faulty items: The insurance doesn’t cover if the carrier can prove that there are faulty items in the shipment that caused the damage to others.
Negligence or misconduct: The insurance company does not cover loss or new zealand mobile number list damage caused by misconduct, negligence, or fraud in the shipping process.
What Does Air Cargo Insurance Cover?
Air cargo insurance provides security by covering the financial risk of damage or loss during air transportation. Here is a list of things commonly covered by insurance:
Loss or damage of goods: If your cargo is lost or damaged during transportation because of any incidents like mishandling or accidents, the insurance company will cover you for the value of the goods.
Accidents during loading and unloading: The insurance will cover the loss if the shipment gets damaged while loading or unloading from the aircraft.
Theft or partial theft: In case of theft or partial theft, air cargo insurance will compensate you for the value of stolen goods.
Collision or plane crash: If your cargo is damaged or lost because of an aeroplane collision, crash, or other transport-related accidents, then they are covered in the insurance policy.
Customs rejection: The insurance doesn’t cover if your cargo is rejected, delayed, or confiscated by the customs authorities because of any restrictions or missing documents.
Improper packaging: If your goods are damaged because of poor or improper packaging, then the insurance company will not cover the loss. So, proper packaging and sealing of your shipments are critical to avoiding any damages that may result in financial losses.
Delay in shipment: Not every insurance company covers losses caused by shipment delays, such as missed deadlines or financial setbacks.
Wear and tear: Natural wear and tear, such as fading, rusting, or spoilage, is not protected by insurance unless caused by a covered event.
Damage because of faulty items: The insurance doesn’t cover if the carrier can prove that there are faulty items in the shipment that caused the damage to others.
Negligence or misconduct: The insurance company does not cover loss or new zealand mobile number list damage caused by misconduct, negligence, or fraud in the shipping process.
What Does Air Cargo Insurance Cover?
Air cargo insurance provides security by covering the financial risk of damage or loss during air transportation. Here is a list of things commonly covered by insurance:
Loss or damage of goods: If your cargo is lost or damaged during transportation because of any incidents like mishandling or accidents, the insurance company will cover you for the value of the goods.
Accidents during loading and unloading: The insurance will cover the loss if the shipment gets damaged while loading or unloading from the aircraft.
Theft or partial theft: In case of theft or partial theft, air cargo insurance will compensate you for the value of stolen goods.
Collision or plane crash: If your cargo is damaged or lost because of an aeroplane collision, crash, or other transport-related accidents, then they are covered in the insurance policy.