Bulgaria Insurance

Goods in Transit

Bulgaria Insurance


About the product


Cargo insurance protects your goods while in transit against loss, damage, or theft and expenses incurred on occurrence of an insured event. This insurance administers the commercial commodity exchange by protecting individuals and legal entities – owners of cargo, against the risks during carriage. Generally, goods are insured while being stored and while in transit, until they reach the buyer. Cargo insurance covers transits carried out in water, air, road or rail. 

Your coverage/benefits

The insurance coverage is in accordance with the London Institute Cargo Clauses as follows:

  • Institutional Cargo Clauses (A) - 1.1.09 - for all risks of loss and / or damage to the insured cargo during carriage, except for the exceptionally excluded other conditions and clauses generally accepted in international insurance practice - for specific cargoes and modes of transport
  • Institutional Cargo Clauses (B) - 1.1.09 - for limited coverage including Institutional Cargo Clauses (C) - 1.1.09 and the risks earthquake, volcanic eruption, lightning, entry of sed, lake or river water into vessel, total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft
  • Institutional Cargo Clauses (C) - 1.1.09 - for minimum coverage including loss and / or damage to insured cargo due to the occurrence of certain risks (fire, explosion, vessel or craft being stranded grounded sunk or capsized, collision or contact of vessel craft or conveyance with any external object other than water and other marine hazards)


  • Good knowledge of Incoterms, Conventions for the carriage of goods by various modes of transport
  • Subscription policy with easy documentation and preferential freight rates
  • Professional support and easy liquidation
  • Competitive prices

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