Incredible What Is Open Cargo Insurance 2022. The open cover is a category of marine insurance policy in which the insurance provider will provide coverage for the cargo shipped during a specific policy period. Cargo insurance provides protection against all risk of physical loss/damage to freight.
The insurer would reimburse the. Cargo insurance cargo insurance is something to consider when exporting a load that is of value to you or your recipient. The insurance contract remains in force until cancelled.