CMR insurance – coverage for transported goods and carriers – is a legally mandatory and essential product for both domestic and international transportation.
The beneficiary of the CMR policy is the carrier, who is insured for liability during transport, for the vehicles listed in the insurance contract.
The basic principles of the CMR policy are similar across insurers, but insurance conditions may differ depending on each company’s internal policies. Therefore, understanding the contractual clauses and choosing the right product is essential. A DESTINE ASIG BROKER DE ASIGURARE-REASIGURARE consultant can always assist you with this.
The CMR policy covers risks related to total or partial loss or damage of cargo, as well as delays in transportation if they result in damages.
CMR insurance becomes effective from the moment the goods are received and ends when they are delivered to the final destination.