Marine cargo insurance for businesses is a type of insurance that protects businesses from financial losses incurred during the transportation of goods via sea. It covers a wide range of risks, including damage or loss of cargo due to accidents, weather events, theft, and piracy.
Marine cargo insurance is essential for businesses that import or export goods, as it provides peace of mind and financial protection in the event of unexpected events. It also helps businesses comply with international trade regulations and can enhance their credibility with customers and partners.