In the case of a conventional cargo, which party is usually responsible for obtaining cargo insurance?

Either the seller of the goods or the buyer, depending on the terms of sale. Under CIF terms, the insurance for the entire transit to the CIF destination must be arranged by the seller; under FOB terms, insurance from the point of loading onwards is arranged by the buyer.

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Written by Ship Inspection

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What kinds of cargo insurance cover are usually obtained?

Are all cargoes insured?