The transportation of goods involves a range of risks that may affect the value and integrity of the cargo while it is being moved from one destination to another. For this reason, Cargo Insurance from SIGMA VIG, Kosovo Branch, provides financial protection for businesses and individuals seeking to insure their goods against loss or damage during transit.

This product is designed to cover risks that may arise during the transportation of goods by land, sea, or air, subject to the terms and coverage specified in the insurance policy. In the event of loss or damage covered under the insurance contract, compensation is provided based on the insured value and the terms agreed between the parties.

 

Cargo Insurance is particularly important for:

In an increasingly dynamic business environment, this insurance helps minimise the financial impact that may result from damage, loss, or other unexpected events during transportation.

Depending on the client’s needs and the agreed contractual terms, coverage may be provided in accordance with international cargo insurance standards, including the three main cargo insurance clauses: Institute Cargo Clauses A, B, and C, as established by the London insurance market. The scope of coverage and applicable exclusions are clearly specified in the insurance policy.

With SIGMA VIG Kosovo, businesses benefit from greater security in managing their supply chains, protection for the value of their goods, and professional assistance in the event of an insured loss. This enables companies to focus on their business activities with greater confidence and financial stability.

 

The transportation of cash is a high-risk activity for businesses and organisations that transfer funds between different operating locations, financial institutions, or other authorised locations.

For this reason, Cash in Transit Insurance (CIT) from SIGMA VIG, Kosovo Branch, provides financial protection against the loss of or damage to cash during transit, subject to the terms and coverage specified in the insurance policy.

This insurance product is designed to support businesses that regularly handle cash and require additional security throughout the transportation process. Subject to the agreed terms and the limits specified in the policy, the insurance may cover risks related to:

CIT Insurance is particularly suitable for retail chains, supermarkets, physical security companies, financial institutions, currency exchange offices, businesses with a high daily cash turnover, and any other entity that transports funds as part of its business activities.

One of the main benefits of this insurance is that it reduces financial exposure to unexpected incidents during the transportation of cash. Furthermore, the product helps organisations strengthen their risk management policies and operate with greater security and confidence.

With SIGMA VIG Kosovo, clients benefit from a professional insurance solution designed to support business continuity and protect the company’s financial interests against the risks covered under the insurance contract.

Cargo Insurance

With cargo insurance, the insurer guarantees compensation of the insured value in case of total or partial loss or damage of transported goods. Coverage is based on the value of the commercial invoice. This insurance is offered according to three basic clauses of cargo insurance, named Clause A, Clause B, and Clause C, based on the international standard of the London Institute of Cargo Clauses.

 

Cash-in-Transit Insurance (CIT)

The insurer compensates the insured for the loss or damage of insured property during transit, under the custody of employees, transport companies, or physical security, for the purpose of transporting money on behalf of the insured.

 

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