10 things you need to know about cargo insurance

cargo insurance

Cargo insurance is a type of insurance policy that covers goods and merchandise shipped from one place to another. It provides protection against potential losses due to physical damage, theft, or other types of events that can occur during the transportation process. Cargo insurance is essential for businesses that ship valuable goods, as it can help to protect them from financial losses caused by these unexpected events. In this article, we will look at 10 things you need to know about cargo insurance.

  1. Types of Cargo Insurance:

Cargo insurance can be divided into two main types: all risks and named perils. All risks insurance provides coverage for most events that could cause damage or loss, while named perils insurance only covers specific events that are listed in the policy. Depending on the type of goods being shipped, and the risk of damage or loss, businesses should choose the type of coverage that best suits their needs.

cargo insurance hong kong

  1. Coverage Limits:

The cargo insurance hong kong policies typically have limits on the amount of coverage provided. This means that the total amount of coverage available is limited to the limit specified in the policy. Businesses should make sure that the coverage limit is sufficient to cover the value of the goods being shipped.

  1. Deductibles:

Cargo insurance policies may also have deductibles, which are the amount of money that must be paid out of pocket by the policyholder before the insurance company will pay for any losses. Businesses should consider the cost of the deductible when choosing an insurance policy.

  1. Additional Coverage Options:

In addition to the coverage provided by the basic policy, businesses may also be able to add additional coverage options to their policy. These options may include coverage for sudden and accidental loss, coverage for loss or damage due to delay in transit, and coverage for lost or stolen cargo.

  1. Exclusions:

It is important to note that there are certain types of losses that are not covered by cargo insurance. These may include losses due to war, natural disasters, or intentional acts. Businesses should familiarize themselves with the exclusions in their policy to ensure that they are adequately covered.

  1. 6. Claims Process:

In the event of a loss or damage, businesses should contact their insurance provider as soon as possible to start the claims process. The insurance provider will need to assess the loss or damage and determine if it is covered by the policy. The claims process may take several weeks to complete, so businesses should be prepared for a lengthy process.

  1. Cost of Cargo Insurance:

The cost of cargo insurance can vary depending on the type of coverage, the amount of coverage, and the deductible. Businesses should compare quotes from different insurance providers to get the best rate for the coverage they need.

  1. Benefits of Cargo Insurance:

Cargo insurance provides businesses with peace of mind in knowing that their shipments are protected from potential losses. It can help to protect businesses from financial losses due to unexpected events, and can even help to protect their reputation in the event of a loss or delay.


Cargo insurance is an essential form of protection for businesses that ship valuable goods or merchandise.By understanding the types of coverage available, the limits of coverage, and the cost of the insurance, businesses can make sure that they have the best cargo insurance policy for their needs.

How to offer the best services for your talented workforce?

How to offer the best services for your talented workforce

It is possible to understand the commercial insurance policies in a better way based on the minimum insurance requirements. If you want to get more information about Florida business insurance then you can feel free to visit our website. The talented workforce will offer the best services to meet the needs of your business. The insurance policies are available in different categories so you can choose the categories of your choice. If you are planning to purchase the right type of Florida business insurance then you can visit our website.

  • The local laws will always comply if you want to purchase the right type of insurance.
  • The results of the normal operations can be identified if you try to know about the types of liabilities.
  • The sensitive consumer data is always protected by considering the cyber liability policy.
  • The vehicle insurance requirements will play a key role if you want to own a business vehicle.
  • Commercial insurance policies are preferred by many of the clients for their businesses.
  • You can try to learn more about the business insurance policies which are suitable for your business needs.

Florida business insurance

Insurance protection for the employees:

The terms and language should be taken into account for the small business insurance policy. If you are interested to learn about Florida business insurance you can feel free to visit our website. Insurance protection is offered for the employees as auto insurance is considered to be very important. The collective group of members are always available in the association to cater for the needs of the clients. Extensive tangible assets are very useful for the users in some associations. A considerable number of exposures can be found by the individuals in the association insurance.

Coverage of the insurance policy:

You can visit our website if you want to get detailed information about automotive sales and services. The funds which are invested in the insurance are always significant so you can try to know about the major concerns. The terms and conditions should be verified by the individuals if they want to opt for the insurance policy. The construction contractors will always ensure to cater for the needs of your insurance policy. The interests of the contractors will vary based on the coverage which is provided for the insurance policy. The individuals will not have any obligations if they want to meet their significant insurance needs.

Tips That Will Help Save On Car Insurance

Tips That Will Help Save On Car Insurance

With opportunity comes risk; these phrases seem genuine about the car. Everyone wants to buy a car in order to travel effortlessly and maintain social status. But there are some results and risks that you should check and consider when buying a car. It is advisable that you buy a suitable auto insurance policy to avoid these risks.

Comprehensive car insurance in Singapore provides insurance against theft, glass damage, vandalism, fire damage, damage from falling missiles or objects, damage from natural disasters, and hurricane wind, hail, flood, storms, whirlwinds, etc. In short, Auto insurance is an agreement signed between a car owner and an insurance company, whereby the car owner agrees to pay a predetermined amount as an insurance premium to the insurance company, and in turn, the insurance agency agrees to cover any past risk disconnection for the reasons stated above.

There is strong competition in the market between all companies, so it doesn’t matter if you buy it on the cash register or use the help of car financing, in both cases you can get the advantage of whole car insurance singapore coverage at a very reasonable price. There are a number of alternatives for all car owners. Therefore, when you choose auto insurance in the future, be sure to compare all of them and then choose the best one.

Tips That Will Help Save On Car Insurance

Things to Consider Before Buying an Auto Insurance Plan


If you are taking out any kind of auto insurance policy, then it is really very important to pay attention to the brand that includes the reputation of the insurer. You should make sure to check your loss ratio before buying it. An insurer with a bad loss ratio will not be recommended when purchasing a vehicle insurance policy.

Surplus of volunteers:

According to experts, the voluntary excess should be less than the NCB amount you are applying for next year.

Safety features: 

You need to pay attention to safety features, for example, if your car has any safety features such as alarm, immobilizer, you can get a big discount.


The NCB, or no claim bonus, is what you get for a year without a claim. If you do not file any claims during the year, then the company will provide this benefit, which may carry the same in the next year’s insurance premium. This will help you cope with future requirements that may require higher costs.

Networked garages:

The purpose of buying auto insurance is to protect your vehicle and protect yourself from financial emergencies in the event of any damage or loss to your vehicle. Most online companies only offer the necessary non-cash services if your vehicle has been repaired in an online garage. Therefore, look for insurers that have the maximum garage network on the list.

How to Get Prepared For Medical Emergencies

critical illness insurance Singapore

Expat Insurance is one of the best insurance companies you can ever come by in Singapore.  This insurance company has put together a highly comprehensive insurance plan that everyone will find attractive. The services offered here cover the needs of individuals, families and businesses. If you do not know much about insurance and how it works, the professionals at this outlet can also guide you so that you can better understand why you need to get an insurance plan you will also have access to insurance professionals with many years of experience. If you need any insurance plan, including critical illness insurance Singapore, Expat Insurance is undoubtedly one of the best outlets to partner with.

In the remaining part of this write-up, we will show you a couple of things that make this outlet to stand out among those offering insurance services here in Singapore.

Long years of service

Expat Insurance had been in the business of providing insurance plans for several years. The company was established in 2009 and has grown in leaps and bounds over the years. The company has become a leader in the Singapore insurance industry and you will ever regret patronizing this company for critical illness insurance Singapore. You will never get it wrong when you patronize this outlet at all.  Expat Insurance has what is required to design and also manage healthcare plans that can perfectly fit the specific needs of individuals in Singapore.   The services offered here are also highly affordable.

critical illness insurance Singapore

Anyone can fall critically ill at any time. it is in your best interest to adequately  prepare ahead of eventualities and one of the best ways to get adequately prepared is to buy an insurance plan that can get you covered in case of any unforeseen critical illness. This is why you need to get in touch with Expat Insurance today. The outlet will provide you with the perfect insurance plan that can get you ready in case a critical illness shows up. The services offered here are not focused on just individuals; you can also buy this plan for your family members and even for your members of staff.

Since inception to date, this company has contributed positively to the lives of many and its popularity has gone global because of the unique insurance services provided here. The company had expected its protection to more than 30,000 people since it started off in 2009 and these beneficiaries are from across the globe. There is no way you will not get good value for money when you patronize this outlet.  You will not pay trough the nose to benefit from the services offered at this outlet also and you will always get good value for money when you buy insurance plan here.

Major Subsidiaries of Hong Leong Financial Group

Freelance feminine workspace in flat lay style with smartphone in female hands, latte ice, notebook, spectacles, nail polish and lipstick. Top view

Hong Leong Financial Group is a multi-industry financial company that was originally founded as a company for trading. Established by Kwek Hong Png and Quek Leng Chan, the institution now controls over 14 active companies that focus on the development of infrastructures and properties, distribution, and services for finance. This is known to be one of the leading financial service providers across Vietnam, Hong Kong, China, Singapore, and Malaysia. Right now, Hong Leong Financial Group has established some major subsidiaries, like Hong Leong Assurance, that provide a very broad spectrum of services including stock-broking, capital markets, investment banking, fund management, insurance, treasury, and banking; visit Maid Insurance Singapore for details regarding their insurance services. And to know more about these major divisions, compiled below are some of their ideas and overviews.

HL Assurance

Hong Leong Assurance, or commonly known for its abbreviation as HL Assurance, is the group’s division that focuses on the services regarding insurance products. This has a variety of plans including Travel Protect360, Car Protect360, Home Protect360, Phone Protect360, Critical Illness Protect360, and Accident Protect360.

As an overview, Travel Protect360 covers 60% of the client’s single trip, 50% for his or her annual travel plan, and additional immediate medical claims with bonuses of vouchers for free travel. The Car Protect360 deals with the complimentary services of the car and takes 25% of its price. For the Home Protect360, this is great security for the people’s home because the plan has a complimentary home concierge and covers 15% of expenses. Phone Protect360 is great for the expenses related to the maintenance of the phone because the plan takes 25% of the total amount. And lastly, for the Critical Illness Protect360 and Accident Protect360, free health screening and 10% coverage of expenses are provided by each plan, respectively.

HLG Capital

For clients and organizations that are having problems with their finances about the circumstances related to the management of stocks and investments, HLG Capital is one of the best institutions to help deal with these types of problems.

HLG Capital is the investment holding company of the Hong Leong Financial Group which focuses on the options broking, share financing, unit trusts, fund management, corporate advisory services, acting as nominee and agent for clients, and stock and share broking. Right now, the company was able to expand its services with the use of modern and digital systems because new strategies for transactions regarding the management of unit trust fund and stock trading facilities are available online.

Guoco Group

Another investment company, Guoco Group focuses primarily on the activities which involve banking and finance, fund management, investment advisory, insurance, stock and commodity broking, development and investment of properties, treasury management, and investments. This provides the creation of prime capital values for its clients and shareholders and aims to help their businesses achieve the standards of realizing the long term values of shareholders and the sustainability of the business. Furthermore, the company does also takes into account their stakeholder’s interests and continues supporting certain communities in specific ways to enhance the reputation of the group and as well as their relationship with their employees, business partners, customers, and other stakeholders.

Hong Leong Bank

One of the major public banking groups in Asia, Hong Leong Bank has over 329 branches established all across the United States, Cambodia, Vietnam, China, Hong Kong, Singapore, and Malaysia. Founded last 1905, this bank has expanded its services and included Hong Leong Connect Mobile Banking Hong Leong Connect Online Banking, Islamic Banking, Priority Banking, Global Markets, common Banking, Business and Corporate, and Personal Financial Services as their products.

As of the year 2014, the bank has recorded to have reached revenue with a total of 4.039 billion Malaysian ringgit, 2.102 billion Malaysian ringgit for its net income, and 170.4 billion Malaysian ringgit for its total assets. Moreover, the company’s services for the business division are subdivided into groups including online and mobile banking, Islamic financial services, global markets, business and corporate banking, and personal financial services. As a summary, the most common business division services they offer are Islamic financial services which focus on the Islamic Wealth Management, transactional banking services, Islamic wholesale and investment banking, and Shariah-compliant commercial banking, personal financial services which includes priority banking services, wealth management, deposit products, and retail loans, and business and corporate banking which features debt capital market solutions, cash management, liability, and deposit management products, and term loans.


Hong Leong Financial Group visions to become an integrated services group that meets the client’s needs for investments and finances consistently and to become the leading company within the industry of financial services and all other areas in which the group operates. With their diverse businesses and divisions like Hong Leong Assurance, the group was able to create a name within the field of hospitality and leisure, property investment and development, financial services, and manufacturing and distribution. Moreover, the company was known for great services regarding their maid insurances, thus, for those who are curious about their features, click here to visit Maid Insurance Singapore.

Reasons Why Getting A Car Insurance Is Important

Do you have a car, and wanted to level up your security when driving?

Then, getting insurance is the best way to secure things. There is a lot of car insurance, but what do you prefer to get from insurance coverage?  There are many people who don’t know the importance of getting an insurance, they just rely on insurance from different vehicle company. But getting their own can have the best coverage available to different insurance companies of the society. People need to know this kind of thing so that they will know how to save money on car insurance. 

What Are The Most Important Car Insurance Coverage

  1. Property Damage. There are a lot of cases in the world where car owners spend a lot of money fixing things between other people when they hit other property. This is the main reason why an individual needs to get their own car insurance, for instance, that an individual hit a property like the signage, blocks on the street and other stuff. Then the car company where an individual bought their car will just cover the things that cause damage to the car, not including the damage to the public or to the other car. They can only provide individuals with a limited kind of car insurance and they can’t provide any medical insurance if accidents happen. So, people need to secure themselves and have their medical security, then getting car insurance is the best solution.
  2. Comprehensive Damage. This is where every company will give car insurance and it includes the comprehensive damage of the car. This happens when collision, and need to fix simple as glass windows, lights, theft, fire, vandalism, and other forms of comprehensive damage that may happen to the car. People are not aware of this fact that if they will get car insurance from the company that offers this, they will know what are the things or what other car insurance coverage they can include in this comprehensive damage.
  3. Minor Violation Forgiveness. This happens during a minor accident, there are people who advise that it much better to cooperate. If an individual gets a minor violation that can be forgiven by someone and money can be an instrument to resolve then the company of individual insurance will be the one who will pay for the damage, they will also be the ones who will pay for the car damage. An individual will be additional seemingly to be ready to cowl these expenses out of pocket instead of buying the coverage. Each automobile insurance coverage has its place on sure policies. It very depends on the motive force and what their expectations area unit for his or her policy. it’s fine to cut back their insurance value by reducing coverage, however, be ready for the additional expenses once an accident happens.


There are a lot of people who don’t know exactly about this car insurance. People need to do it separately from the company where they buy their car. This is because car insurance of the vehicle company has its limited coverage for their buyers. However, getting the insurance that they believe they can get the whole benefits is the best way. The company that offers this car insurance help every individual to get the full coverage, from a minor accident to the major one. There are many types of insurance available today, but this is one of the best insurance for every individual in the world.