Total Insured Value

Total Insured Value (TIV) is an insurance term referring to the maximum amount of coverage a shipper has purchased to protect their goods during transit. This value includes the cargo’s cost and any additional costs associated with its transport, such as freight charges or customs duties.

The total insured value should always be enough to cover all potential losses due to damage or other unforeseen events.


Ready to get started?

By land, air, or sea, Ship4wd makes it easy for businesses to take control of their international shipping