1 Lessons
Cargo Insurance and Trade Finance Documentation
- Understand the forwarder’s role in managing cargo risk
- Understand a forwarder’s responsibilities when providing services involving foreign collection for the value of goods being shipped.
- Understand the procedures for documentary and letter of credit transactions
6 Lessons
Introduction to Cargo Risk Management and Insurance
- Understand the difference between physical and financial risks to cargo, and be able to list several examples of each
type of risk - Identify four basic risk management steps that a shipper and/or their freight forwarder or other transportation
intermediary should always take to minimize cargo losses and damage - Identify and describe the basic characteristics and sections of a marine open cargo policy
