Cargo Insurance and Trade Finance Documentation
Course Lessons: 1
Minutes of Learning: 30
Cost: 85
- 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
Course Overview
This lesson explores key financial responsibilities and risk management practices for freight forwarders. You’ll learn how to advise shippers on carrier liability, the benefits of cargo insurance, and the importance of offering insurance options. The lesson also covers essential knowledge about payment terms, foreign collections, documentary draft procedures, and shipments under letters of credit.