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War Risk Coverage for Cargo – How Does It Work?
Cargo can be exposed to a variety of risks and hazards as it moves across a diverse global supply chain. Weather, port congestion, and criminal activity have all been in the spotlight in recent years with respect to cargo movement. War and conflict, while a less common risk to shippers, are significant risks currently dominating headlines. As conflicts arise and evolve, it is important to understand how cargo insurance protects against these types of risks.