SHANGHAHI REALHONG INTERNATIONAL LOGISTICS CO., LTD.

1. What does logistics transportation insurance refer to?


Logistics transportation insurance refers to insurance that insures the loss of goods in transportation due to natural disasters or accidents. According to the mode of transportation of goods, it can be divided into marine cargo transportation insurance, road cargo transportation insurance, air transportation cargo insurance, postal package insurance and combined transportation insurance. The term of logistics transportation insurance is generally calculated for one voyage or voyage. So what are the benefits of logistics transportation insurance?


2. What are the benefits of logistics transportation insurance


The emergence of logistics transportation insurance can promptly compensate for the economic losses suffered by the goods in the process of logistics transportation due to natural disasters. Logistics transportation insurance is conducive to the smooth progress of commodity production and circulation; Logistics transportation insurance can turn uncertain disaster accident losses into fixed logistics and transportation insurance expenses, and list this expense in production or operating costs, thereby enhancing the financial stability of business operations and improving the economic accounting system.


The emergence of logistics transportation insurance is conducive to promoting the safety and loss prevention of logistics transportation;


Moreover, logistics transportation insurance is also conducive to improving the transportation responsibility system of the logistics transportation department, protecting the interests of cargo owners, and reducing compensation disputes in cargo transportation;


Logistics transportation insurance is also beneficial to credibility maintaining of enterprises and the country in foreign trade, thereby increasing foreign exchange income and saving foreign exchange expenditures.