# what is the goods insurance during the international transportantion?

_Published: 2016-08-12_

In order to delivery the cargo security to the consignee, avoid the damage, loss,

especially for the a large high value goods, insurance is the required.

For the air and sea cargo, usually we buy the insurance from

CHINA PACIFIC PROPERTY INSURANCE CO.,LTD.

It includes the insured, B/L No. quantity, name, amount Insured,transportation,

date, route,Deductible and Claim payable so on.

The amount Insured should be 110% of the actual goods value.

DEDUCTIBLE usually is USD200.00 OR  5% OF THE LOSS,WHICHEVER IS THE GREATER.