Risks in I nternational T ransport Insurance lost consult premiums delay e qual The three main risks that arise in international trade are: loss , damage and delay, including detention at customs . Carriers , freight forwarders and other supply-chain parties operate under limited liability conditions. This means you're unlikely to receive compensation ___ 1 ___ to the actual value of your goods if they're ___2 ____ or damaged. The full replacement value for consignments and any applicable freight costs should therefore be protected by adequate insurance cover. The level of insurance type is reflected in the ___ 3 ___ you pay. Try to match the level of insurance to the potential risk factors of your consignment. However, insurance cover doesn't normally extend to protecting consequential loss. An example of this is where a consignment is delayed en route so that, on arrival at the destination, a financial loss is incurred due to the ___ 4 ___ . Check with Insurers before goods are shipped to see if you need this type of cover. Make sure your consignments are adequately insured. Consider if they are subject to risks and choose insurance to cover these. It's advisable to __ 5 _ ___ a broker or freight forwarder for guidance.