• Cargo in transit
  
• Freight Costs
  
• Customs duty & taxes
  
• Increased value of cargo 
  

• Consignor/ Seller
  
• Consignee/ Buyer
  
• Any party who hopes to acquire insurable interest in the cargo
  

Based on the terms of sale either the purchaser or the seller of the commodity purchases Insurance.
The most commonly used Terms of Sale (Inco Terms):

• Ex-works
  
• FOB – Free on Board 
  
• C&F – Cost & Freight
  
• CIF – Cost, Insurance & Freight
  

Brand new , Used , Household goods and personal effects , Reefer cargoes, Project cargoes

• Open Cover 
  
• Specific Policies
  
• Annual Policy
  

For Sea/Air Freight shipments:-

• Institute Cargo Clause (A)
  
• Institute Cargo Clause (B)
  
• Institute Cargo Clause (C ) 
  

• Land Transit (All Risks)
  
• Land Transit Basic Clause 
  

• Axa Insurance Gulf BSC 
  
• American Home Assurance Company
  
• Royal and Sun Alliance Insurance Co
  
• Oman Insurance Company
  
• Tokio Marine & Nichido Fire Insurance Co.Ltd 
  
• Qatar Insurance Co. 
  

• Contact with rain or sea water.
  
• Condensation (ship/container or cargo sweat). 
  
• Hijacking of entire container and cargo.
  
• Misrouting or non-delivery of cargo due to insufficient marks
  
• Pushing and dragging cargo when inadequate material handling equipment or in-experienced labor is used
  

• Take photos of damage items immediately 
  
• Copy of claim letter on carrier and reply
  
• Intimate loss to Insurance Co. 
  
• Survey report
  
• Exception or Short Landing Certificate
  
• Ocean, Air, Rail or Truck bill of lading
  
• Commercial (shipper) Invoice, Packing list
  
• Bill of Entry, if applicable
  
• Quantum Of loss 
  

1. Cargo should be professionally packed in order to minimize loss or damage to cargo
   
2. If the cargo carried is valuable or white goods then the packing should be in wooden boxes with shrink wrapping so that chances of theft are negligible.