Cargo Insurance (货物保险)
Optional financial coverage safeguarding consignments against transit loss risks on routes from China.
Term Definition
Cargo insurance is activated at client discretion prior to departure from Guangzhou. The rate corresponds to declared value per kilogram: 1% for goods up to 0/kg, 2% for 0-0/kg, and 3% for 0-00/kg. In the event of loss, the declared value of merchandise is fully reimbursed.
Usage Example
«Applying cargo coverage at two percent shielded the value of the machinery shipment.»
What we do
Optional insurance: 1% (up to 0/kg), 2% (0–0/kg), 3% (0–00/kg); full item cost reimbursement upon loss.
Related site pages
Other terms in this category
Commercial Invoice
The principal commercial billing document detailing item descriptions, quantities, unit prices, and order value.
Packing List (装箱单)
Shipping manifest detailing package counts, gross/net weights, dimensions, and contents per carton.
Shipping Marks (箱唛)
Alphanumeric identifying codes, client tags, and handling arrows stenciled onto master cartons.
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