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Forum: Singapore

Aug 23rd 2017, 12:59 pm

Replies: 11

Marine Cargo Insurance for Household Goods

Views: 2,116

Posted By Pulaski

Re: Marine Cargo Insurance for Household Goods

You are right - I looked to find the 10,000 number, and didn't read to the end of the article. :o

Forum: Singapore

Aug 23rd 2017, 12:32 pm

Replies: 11

Marine Cargo Insurance for Household Goods

Views: 2,116

Posted By Pulaski

Re: Marine Cargo Insurance for Household Goods

No, that is specifically lost at sea. Here's a source (http://www.marineinsight.com/shipping-news/survey-how-many-containers-are-lost-at-sea/), though I have seen the same number in a number of...

Forum: Singapore

Aug 23rd 2017, 2:04 am

Replies: 11

Marine Cargo Insurance for Household Goods

Views: 2,116

Posted By Pulaski

Re: Marine Cargo Insurance for Household Goods

If you are shipping things by sea you absolutely need marine insurance, because of something called general average (https://en.wikipedia.org/wiki/General_average).

"General average" basically...

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