What is cargo insurance and do I need it?

Cargo insurance covers the losses that may occur when cargo is transported by road, water, air and railways. In modern times, due to the increase in demand, the process of importing and exporting various products takes place daily. Unfortunately, we often encounter material losses and damages during these cargo transportations. For various reasons, transported goods can be completely or partially destroyed on the road. That is why cargo insurance is necessary when delivering cargo to any address (domestic or foreign). By taking out cargo insurance, you can prevent material losses that may affect you.