INSInsuranceNegotiable

Cargo Insurance / Marine Insurance Documentation and Administration Fee

Charged by freight forwarders or insurance brokers for arranging marine cargo insurance, issuing insurance certificates or policies, and handling cargo insurance claims. The actual insurance premium is separate from this admin fee.

Per Shipment
Category:Basic Shipping FeeChina Export Local ChargesDestination Import Charges
Applies to:
FCLLCLAirRailCourierRoadFBAAs Request
Typical Cost Range
$20$120
flat rate

Insurance admin fee: $20-$60 per shipment. Annual open cover policy: $100-$500/year admin fee + premium.

Who Pays?

Shipper (When CIF, DAP)
Consignee (When EXW, FOB)
Negotiability

Negotiable — discuss with your freight forwarder.

Insurance documentation fees are competitive among insurance brokers. Large-volume shippers can negotiate flat annual fees.

Adjustment Frequency

MonthlyWeeklyFixed

Current rate reviewed: Per shipment

Chargeable Unit

Flat Rate

Formula / Calculation

INS = Insurance Documentation / Administration Fee per Policy or per Shipment
cargo insurancemarine insuranceinsurance certificatemarine

Frequently Asked Questions

Do I need marine cargo insurance?
Carriers' liability is limited (approximately $500 per package or $2 per kg). For high-value cargo, marine insurance is strongly recommended.