Under Kalgin's comprehensive insurance package we are able to offer our customers cover for goods in transit for all kinds of cargo transported by road, rail, sea or air, anywhere in the world. Annual or per shipment policies can be tailored depending on your specific requirements.

Importers

While modern shipping methods have greatly reduced the hazards of transportation, claims payments on Australian & New Zealand imports amount to tens of millions of dollars annually, and show that marine insurance is still essential for Australian & New Zealand importers.

If you purchase goods overseas under FOB (Free on Board) or C&F (Cost & Freight) terms, don't forget that insuring the cargo is your responsibility.

If you purchase goods on a CIF (Cost, Insurance & Freight) basis it is your supplier's responsibility to arrange insurance. Note, however, that under CIF terms the insurance provided by your supplier may have the following pit falls:

• No control of premium costs
• Inadequate Policy Conditions
• Difficulty with claims settlement

For these reasons, therefore, we strongly suggest you avoid purchasing under CIF terms, and instead request C&F terms from your supplier. At Kalgin we are happy to provide cargo insurance even if the goods are not being shipped with Kalgin.

Exporters

If you are selling goods under Cost, Insurance & Freight (CIF) terms it is your responsibility to insure the cargo up to the destination point.

If you are unsure how to go about insuring your goods, simply contact your nearest Kalgin office. We would be only too pleased to assist you every step of the way.