Goods Insurance Service



Goods Insurance Service in Varanasi



Cargo insurance (also called marine cargo insurance) covers physical damage to, or loss of your goods whilst in transit. You can obtain cargo insurance direct from an insurance company, or through us or other trade service intermediaries. Also you may find that your bank will offer cargo insurance as part of a trade finance package. PURAVANCHAL TRANSPORT SERVICE cargo insurance as value added service through our tie up with insurance company.

When you are looking at the types of cargo insurance available, you may come across the term General Average. This is one of the oldest principles of cargo insurance and relates only to ocean and sea voyages but is still relevant in today's trading environment. General Average covers the situation where damage or loss of certain goods occurs so that the remaining cargo and the means of transport are saved. For example goods may sustain water damage during fire fighting. In this situation, if General Average is declared, all the parties involved must contribute to covering the los





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