ICC (A) provides all-risks coverage for any loss or damage except specifically excluded perils. ICC (B) covers named perils like fire, explosion, sinking, and natural disasters. ICC (C) is the most basic, covering only major casualties. Choose based on your cargo value and risk tolerance.

War risk coverage is essential for shipments passing through or near conflict zones. The Red Sea, Persian Gulf, and certain African routes currently carry elevated war risk premiums. Even for safer routes, it's recommended as the cost is minimal relative to potential losses.

Premium rates depend on multiple factors: cargo type and value, packaging quality, transport mode, route risk level, coverage type (A/B/C), deductible, and claims history. High-value or fragile cargo typically commands higher rates, while robust goods in quality packaging can secure lower premiums.

SRCC (Strikes, Riots, and Civil Commotion) covers losses from labor disputes, political unrest, and civil disturbances. It's particularly important for shipments to regions with political instability or during periods of heightened social tensions. The additional cost is typically around 0.015% of cargo value.

Most policies require immediate notification of any loss or damage - typically within 24-72 hours of discovery. Delayed reporting can result in claim denial. Always document the condition of goods upon receipt and take photographs of any visible damage before signing delivery receipts.

A deductible is the amount you pay out-of-pocket before insurance coverage applies. Higher deductibles lower your premium but increase your exposure to small losses. For high-value shipments, a lower deductible is often preferable to ensure full coverage of even partial losses.