“The cargo insurance begins as soon as the item is removed from the site, at which it has been stored, until now, in accordance with the transport contract. The insurance ends at the place of destination, which was determined by the consignee (place designated for delivery). Within the framework of cargo insurance, the “All Risk Cover” is valid. On special request, additional inclusions of insurance cover or also the form of cover “Limited cover” is selected. The provision of cargo insurance takes place with the conclusion of transport contract with agreement. Insurance coverage and premiums are thus exceedingly attractive.” (Source: http://www.schunck.de/Downloads/Schunck_Flyer_Transportversicherung_A17-0124_LAY01.pdf)
You can find the other information in a Flyer of our partner, OSKAR SCHUNCK GmbH. The flyer contains clear representation of the services of cargo insurance, compares the liability and insurance in tabular form and gives few practical examples.