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Ocean freight insurance is an essential safeguard for businesses engaged in global trade, offering protection for shipments from origin to destination. It covers a wide range of potential risks, including damage, loss, theft, and delays that may occur during ocean transit. Given the complexities and unpredictability of international shipping, having comprehensive insurance is crucial for mitigating financial losses and ensuring smooth business operations. This coverage is particularly valuable in addressing challenges like extreme weather, port congestion, and mishandling during transit.
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