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International business comes with its significant risks. The import and export of goods can expose you to financial losses if your international shipments get damaged or destroyed in transit.
IFC helps in finding best Marine Cargo Insurance for your products that not only provide the best protection for your cargo, but also understands the importance of swift response and efficient service in handling your claims,catering to both importer and exporter needs, the coverage has to be comprehensive and flexible with international shipments covered from the time the goods leave the exporter's warehouse until they reach the importer's warehouse.
Which party is usually responsible for insuring the goods is determined by the sales contract. To help you familiarize yourself with the importer'sand exporter's responsibilities, IFC can extend its experience in respect of the most common sales contracts, i.e.ex-Works, Free on Board(FOB), Cost and Freight (CFR) and Cost Insurance and Freight (CIF).