Cargo Insurance

Cargo Insurance

Cargo insurance is available for:

  • Cargo owners, exporters, importers, distributors, trading and logistics companies
  • Domestic and international shipments
  • Road, air, rail, sea and other modes of transport

Insured objects

Consumer goods

Liquid/bulk/loose cargoes

Agricultural products

Chemical products

Valuables and cash in transit

Museum objects and works of art

Temperature-controlled cargo

Road-building machinery and vehicles

Industrial equipment and heavy engineering products

Consolidated shipments

Different consignments shipped together in one vehicle

Containers

Reusable units intended for transport of all types of cargo (dry, insulated, reefer, tank and other container types)

General cargoes

Unit cargoes in individual packaging or without it (machinery and equipment, consumer goods and foodstuffs, construction materials, chemical products etc.)

Risks insured

Fire and explosion

Total or partial loss/damage to the insured cargo due to fire or explosion on the means of transport.

Theft/pilferage

Total or partial loss due to theft, robbery, hold-up or other unlawful acts of third parties.

Natural perils

Loss/damage due to lightning, storm, hurricane, heavy weather, volcanic eruption and other acts of God.

Handling risks

Loss/damage during loading, stowage, transhipment or unloading operations.

Accident of the carrying vehicle

Total or partial loss/damage as a result of collision, capsizing, derailment, striking against fixed or floating objects, road traffic accidents.

Types of cover

All Risks

Broadest cover against all risks of loss or damage, except for standard exclusions

With liability for particular average

Cover against named accidental perils.

Free of particular average except in case of total loss of the vessel/vehicle

No liability for partial damage except in specified events

Named perils during continuous temporary storage

Cover for specified risks during uninterrupted temporary storage of the insured cargo.

We can provide bespoke coverage using widely recognised international cargo clauses and special agreements

Why insure with us

30+ years of insurance expertise
30+ years of insurance expertise

30+ years of insurance expertise

We understand the market and business needs. Our experience enables reliable solutions across industries and company sizes.

Fast claims settlement

Our processes are designed to deliver payouts as quickly as possible with minimal formalities.
Tailored programmes for your business
Tailored programmes for your business

Tailored programmes for your business

We build insurance solutions that reflect your operations and budget.

International support

We work with global partners to provide insurance protection for companies operating outside Russia.

Convenient Policy Issuance in 4 Steps

Send the Request  Get the Quote

Send the Request Get the Quote

Get the Quote

Get the Quote

Confirm Terms

Confirm Terms

Get the Policy

Get the Policy

Ready to secure your business?

An expert will contact you within a day and find an effective solution

FAQ

Still have questions?

How to receive a claim payment

Notification

1

Immediately inform Balance Insurance about the incident by phone or email:

Support

2

We will help you gather the required documents and keep you informed throughout the review process.

Payment

3

After your claim is reviewed, we will make the payment to the bank details you provided within the stipulated time frame.