At Alibabachem.com, we understand that international trade involves not just opportunities, but also risks. To help our global buyers and sellers trade with greater confidence, we strongly encourage the use of comprehensive insurance coverage during shipping and delivery.
Insurance is an essential part of any cross-border transaction. It ensures that your goods are protected against loss, damage, theft, or unforeseen events that may occur during transit, especially in the chemical and industrial sectors where shipments often require special handling.
Alibabachem.com supports several shipping and insurance scenarios depending on your Incoterms and shipping method:
| Insurance Option | Responsibility | Notes |
|---|---|---|
| Buyer-arranged | Buyer purchases their own insurance | Common under EXW, FOB terms |
| Seller-arranged | Seller includes insurance in the price | Required under CIF or CIP |
| Third-party insurance | Arranged via freight forwarders or logistics partners | Ideal for high-value or sensitive goods |
You can choose to arrange your own policy or request that your trading partner include insurance in the shipping agreement
While Alibabachem.com is not an insurance provider, we help our users by: