Carrier’s Liability Insurance provides financial protection for transport companies against legal liabilities arising from damage to, loss of, or delay in goods during road, sea, air, or rail transport.
This insurance covers the carrier’s obligations under the contract of carriage and applicable legal framework, as well as legal defence costs and compensation payable to third parties for goods in the carrier’s care.
In line with international transport practices and relevant legislation, this insurance is essential for logistics operators, transport companies, and freight-forwarding agents. It provides protection against the operational and financial risks associated with supply chains and the movement of goods, contributing to the reliability and resilience of transport services in both domestic and international markets.
