What types of insurance do I need for exporting goods?
When exporting goods, you typically need cargo insurance, liability insurance, and sometimes political risk insurance.
Can you explain what cargo insurance covers?
Cargo insurance covers loss or damage to goods while in transit, protecting against risks like theft, damage, or natural disasters.
Is liability insurance necessary for exporters?
Yes, liability insurance is important as it protects against claims for damages or injuries caused by your products.
What is political risk insurance?
Political risk insurance protects exporters against losses due to political events, such as war, expropriation, or civil unrest.
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