Reasons why one should have the cargo insured before its journey
To avoid more cost for shipping like a consignment and cargo to Africa, the sender ignores this very important step most of the times. In the present times, as much positive advancement have taken place, there are many negative aspects that work side by side to take advantage of them for their unlawful activities. A very important thing to consider is that anything can happen in the course of journey to the cargo and one should be prepared to minimize the effect. Insuring the cargo is a smart decision not only for protecting it from piracy, but many other things that can affect the efficient delivery.
Cargo Damage:
This is very common occurrence and mishandling can result in the damage of goods. These damages can be related to physical mishandling in loading and unloading the shipment. Then there are temperature related damages that can harm the perishable goods and destroy them before reaching the destination.
Another type is of shortage of space that results in the breakage or misshaping. In any case your cargo suffers a major quality difference which was actually required by the consignee. Then there is a long list of categories that carries the cargo damage within and is a very strong reason why you should have your cargo insured to avoid any future mishaps.
Rising Cargo Theft:
One very major reason of getting your goods secured is to save it from theft. It can be in the form of a pirate attack or container theft by fraud of the transport company or the ship crew. People are getting more fearless these days to commit crime as they know there is always a way out for them especially in the regions where law is not strong for such activities.
When you insure your sea or air cargo, it means you are securing the financial loss that have the possibility to occur at any time during the shipping process. A businessman risk a major amount of his money when he is involved in the import export business, so it is not a wise decision to make your goods open to such a big loss.
Consider Natural Disasters:
Where mankind can do nothing is the area of natural disasters. Whether you are sending your cargo through air or through sea, you never know what can happen next. So if you are a judicious businessman, never send your valuable goods without insurance. These disasters can be categorized as nature related mishaps which include thunder or snow storms or they can be put in a mechanical fault which can occur at any time and this can result in the delay of cargo arrival or loss of a whole container or containers.
Ensures Total control:
If you leave the insurance part to the shippers, the terms and conditions can be tempered and all the areas may not be covered due to personal interests or to avoid any responsibility on their part. For this, make your personal presence a must in the insurance paper works so that you have a total control on the protection of your cargo.