Transportation of goods is considered as risky activity. Every year damaged shipments are valued at tens billions of Euros. Carrier liability is very limited in accordance with international conventions and laws.
This means that in case of loss or total damage of the consignment (total gross weight 500 kg; price 20,000 EUR) carried by Hague-Visby rules without cargo insurance is carriers compensation 1,000 SDR (500 kg x 2 SDR) about 1,150 EUR.
Therefore it is appropriate to conclude cargo insurance for each valuable consignment. Rhenus Logistics offers affordable cargo insurance covering all risk including „vis major“ up to 110 % of shipment cost.*
*Exclude war, strike, riot and high-risky destinations.