Cargo insurance or freight insurance is an insurance in which the insurer, in return for receiving a premium commensurate with the insurance coverage of the insurer, undertakes that if the insured is insured during the transaction from the origin to the destination stated in the insurance policy, The letter ‌ is lost or damaged, or the insurer or beneficiary incurs costs related to these risks (if payable), compensates the damage and pays the costs.
Division of freight insurance based on origin and geographical destination:
A) Imported cargo insurance

Imported cargo insurance is issued for shipments that are shipped from one or more foreign countries to Iran. According to the current laws of the country, the purchase of this type of insurance is mandatory for importers.
B) Export freight insurance

Export freight insurance is issued for shipments that are shipped from Iran to other countries in the world.
C) Transit freight insurance

Transit cargo insurance is issued for shipments that are transported from one or more foreign countries to one or more other countries (not the origin and destination of transport of insured goods in Iran). In this type of insurance policy, the insured may or may not pass through Iran. Therefore, transit cargo insurance can be divided into 2 categories:

Passage: In this case, the insured passes through Iran. For example, transport from the UAE to Turkmenistan.
Non-transit: In this case, the insured item does not pass through Iran. For example, to be transported to Syria from Turkey.

D) Domestic freight insurance

Domestic freight insurance is issued for shipments that are transported from one or more origins in the country to other destinations in the country. Therefore, the origin and destination of this type of insurance is in the country. This type of insurance is issued in the following 2 ways:

Case: This type of insurance is offered to traders and owners of goods who need to cover their cargo in order to transport from one place to another in the country.
Contractual: This type of insurance is offered to manufacturers, traders and domestic transport companies who do not have a license to issue an official bill of lading (such as pickup trucks) and need to cover multiple shipments per day.

Domestic freight insurance is subject to the terms and conditions in the country and can cover various risks according to the agreement between the insurer and the insured.
The main risks of domestic freight insurance are:

Accident, fire, overturning and falling of a vehicle and collision of a vehicle with a foreign object or a foreign object.
Additional risks of domestic freight insurance include:

Damages due to loading and unloading of goods, throwing of goods from the vehicle, collision of a foreign object with the insured item, theft of the entire shipment of each shipment with the vehicle.
Types of terms of cargo insurance
1- Set of conditions A

In this clause, all risks are covered except for the exceptions mentioned in it.

Terms set A (Persian)
Terms set A (Latin)

2- Set of conditions B

According to Regulation No. 8 of the Central Insurance of the Islamic Republic of Iran, in cargo insurance policies with clause B, in addition to the risks covered by the clause, the following items are also covered as additional risks: