Understanding Freight Forwarders Liability Insurance: A Beginner’s Guide
Freight forwarders play a vital role in global logistics but face risks such as cargo damage, documentation errors, and third-party claims. Freight forwarders liability insurance safeguards the forwarder’s legal and financial liability when such issues arise. Unlike cargo insurance, it protects the business itself, covering errors and omissions, customs fines, legal costs, and more—ensuring stability, compliance, and long-term growth.