Tuesday, March 18, 2014

Insuring Food Exports

My research tells me Freight Forwarders who handle fresh food (perishable) exports will insure it at approximately .70 per hundred value with the claims ratio on full containers is about 1 in 400 or .25%.  this sounds about right since insurance companies take in 3 and pay out one.  Now, since we work MOQ FOB, we are not figuring this into our prices we are charging, but it is good to know the buyers will be offered insurance for loss on fresh food exports.

Feel free to forward this by email to three of your friends.


1 comments:

Unknown said...

nice post. Thanks for sharing it.
Import Export Business