Cargo Insurance for import and export

To choose the means of transportation for the optimal transfer of a product, different factors must be evaluated. Some of them are: the type, value, weight and volume of the product; type of load; manipulations; type and cost of packaging; security; accessibility, availability, frequency, speed and cost of the mode of transport. Additionally, the cost of customs must be considered and the required documentation may intervene in the decision to use maritime, air or land transportation services. It is important to note that each mode of transportation has its own characteristics. For example, air transportation is not optimal for large loads because air freight prices can be very high. Likewise, maritime transport cannot be used for urgent cargo because it requires a long time to complete its route. To make the best decision, it is advisable to have the advice of experienced logistics operators.

It is important to insure all merchandise that is in transit from an origin to a specific destination. In this way, a backup is provided that protects the cargo against possible damages or losses (risks) that occur on the route. It is recommended that all shippers have international cargo insurance. The decision making of the service will basically depend on the risks you want to cover on your merchandise. This support can be established on products that move through any multimodal cargo transportation route.

IATA is the International Air Transport Association. Logistics operators must be accredited through this association to have the possibility of managing routes for the transfer of cargo through airplanes. IATA agents have contacts with more than 250 airlines that are members of the same association. They are responsible for finding the tools to transport the cargo to the desired destination.

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International freight forwarders are legal entities that act as intermediaries between the shipper or sender and a transportation service provider. Cargo agencies must be accredited by Peruvian Air and Maritime Customs with a 4-digit operation code that authorizes their operations in Peruvian territory. These numbers must appear on the various Bill of Lading models in the information box on accredited agents.