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insurance cargo

If you searched for insurance cargo, you need specifics, not brochures. Here they are — and Modjo turns them into a working shipment.

How insurance cargo works in Saudi Arabia

Start from the framework: Under CIF terms the seller's cover is the legal minimum only; most buyers add their own ICC (A) policy.

Cargo insurance for Saudi shipments costs roughly 0.2–0.5% of insured value (CIF + 10%). Carrier liability caps at a few dollars per kilo, which is why ICC (A) all-risks cover is the default for commercial cargo — it pays on loss, not on proving carrier fault, and absorbs general-average claims.

Applied to insurance cargo, these numbers turn into a quote within 30 minutes.

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Frequently asked questions

What should I budget for insurance cargo?

Typically 0.2–0.5% of insured value for standard containerised cargo to Saudi Arabia.

Does CIF mean my goods are insured?

Only to the legal minimum held by the seller — most buyers add their own all-risks cover.

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