Good morning,
I'm pretty new to insurance and some things are still not completely clear to me. Maybe one (or more) of you could help out with the following:
Cargo insurance's sum insured is usually 110% of the good's value. What are the additional 10% for? What is covered by these 10%?
I would really appreciate your inputs...
Thanks & regards,
Stefan
I'm pretty new to insurance and some things are still not completely clear to me. Maybe one (or more) of you could help out with the following:
Cargo insurance's sum insured is usually 110% of the good's value. What are the additional 10% for? What is covered by these 10%?
I would really appreciate your inputs...
Thanks & regards,
Stefan