Marine Cargo Insurance is a type of insurance that protects goods while they are being transported over water. This coverage can apply to various modes of transport, including ships, barges, and even air freight. It helps safeguard against risks such as theft, damage, or loss during transit, ensuring that businesses and individuals are financially protected. This insurance is essential for companies involved in international trade, as it covers the value of the cargo and any associated costs. Policies can vary in terms of coverage, so it's important for shippers to understand their specific needs and choose the right plan to mitigate potential risks.