Cargo Insurance

Written by admin on January 25, 2010

So a good buddy of mine has started up a company that deals with a lot of importing and exporting of products. It’s gone pretty well for him but he’s been losing money in a couple ways which he’s asked me to help out with. First off, his main problem that he was having a few months ago was simply products being damaged in shipping which resulted in a loss of funds. So, he went to a company who specialized in the insuring of those products but it didn’t turn out so well. He was always in a constant fight, etc, trying to get his money back so I told him he needed to look for a new company. Anyway, being the good friend I am I thought I might look into logistics insurance and cargo liability insurance at GSIS since I have a pretty solid background in it. It’s something you need to be careful in doing as you need to do your homework…but once you’ve done so, and found the right liability insurance provider, you’ll be happy you did.

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