The economic growth of China promotes more and more Chinese overseas investments. One Belt One Road policy accelerates the progress. Unlike the traditional cargo insurance, overseas project cargo insurances are usually involved with very large oversized shipment and often need a further coverage of DSU.
Coverage Highlights
Coverages provided for loss of and damage to machinery, equipment and materials during the course of transportation. Coverages also provided for advanced loss of profit arising from the loss of and/or damage to the insured cargo covered under the cargo section.
This requires large capacities and specialist underwriting consideration on terms and conditions. Also transportation risk management team shall be involved to advise on which items are considered critical and how to secure their safe arrival.
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