What is the most and least common type of coverage Ramon Insurance offers?

The most common type of coverage we offer is All Risk. All Risk coverage is universal coverage for commercial goods in transit. This will cover against any damage (total or partial) from a physical external cause including shortage, theft, and catastrophe such as breakage, fire, water, or impact.

The least common type of coverage we offer is Total Loss. Used goods are typically offered Total Loss coverage. Though rarely used, we still offer this type of coverage to our clients and are happy to explain it in detail. Total Loss is restricted coverage, covering against total loss. It covers only in the case that the whole shipment/consignment is a complete and total loss.

Written by Iris Arden (Ramon Inc.)

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