In order to delivery the cargo security to the consignee, avoid the damage, loss,
especially for the a large high value goods, insurance is the required.
For the air and sea cargo, usually we buy the insurance from
CHINA PACIFIC PROPERTY INSURANCE CO.,LTD.
It includes the insured, B/L No. quantity, name, amount Insured,transportation,
date, route,Deductible and Claim payable so on.
The amount Insured should be 110% of the actual goods value.
DEDUCTIBLE usually is USD200.00 ORÂ 5% OF THE LOSS,WHICHEVER IS THE GREATER.
