Navigating the Risks of Natural Disasters: How Marine Insurance Covers Cargo in Extreme Weather

Firstpolicy123 May, 2025Finance

Cargo faces serious damage because of natural disasters. Intense weather conditions create hazards that result in shipwrecks and floating container losses and damage merchandise with water. Lack of proper marine transit insurance can cause significant money losses to businesses. Businesses that obtain cargo insurance can survive all types of severe weather incidents without significant financial damage.