This depends on who secured the cargo insurance policy for that shipment and who has the Insurable interest at the point of transit when the cargo was damaged. This has a lot t do with what Incoterm was used during the transaction. We have many other videos on our channel about Incoterms that may help clarify this point further. Thank you for watching!
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Thank you! It's very well explained!
Wow well explained, i got the clarity i needed. Wishing i join your company i Just checked it, profile is exciting😁
I thought all countries pay duty for freight. Interesting to know. thank you!
in arriving at cif value the insurance can be taken at actual capped????
how to calculate isnurance for Cost $67k and o/f 4300 usd per cntr.
In case the goods is damaged during shipment, who will file for insurance claim? Is it the seller or buyer? Thank you
This depends on who secured the cargo insurance policy for that shipment and who has the Insurable interest at the point of transit when the cargo was damaged. This has a lot t do with what Incoterm was used during the transaction. We have many other videos on our channel about Incoterms that may help clarify this point further. Thank you for watching!
Very useful information about import export .
I want to export Honey in USA
Please, support and guide me.