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For shipments of personal effects, a detailed and itemised inventory with values is often required before shipping. If not provided, and a loss occurs, compensation may be based on an average value per package, calculated from the total insured value and number of packages.
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Related FAQs
Can Maersk assist me with cargo insurance for journeys through areas like the Bab el-Mandeb strait and the Red Sea? Doesn’t the shipping company have to cover my loss? How do I calculate the volume for my LCL cargo? How should an insured act in the event of a claim for loss or damage? I already have my own policy. Isn’t that enough? I only import Cost Insurance and Freight (CIF). Why would I need added insurance? I’ve shipped hundreds of times and never had a loss. Why would I want to insure? Maersk offers cargo insurance. Do I need to buy own cargo insurance? Since I only ship Free on Board (FOB), do I really need insurance? What are the chances that anything will happen to my goods? What are the “Incoterms”?New to Maersk.com?
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