What does cargo insurance cover?

Cargo insurance is designed to protect against the risks associated with the transportation of goods. This coverage typically includes loss or damage to the cargo itself while it is in transit, whether by land, sea, or air. The policy can cover a wide range of risks, such as theft, weather-related damage, and accidents during transit, making it a comprehensive solution for businesses and individuals who ship goods.

Other options, such as the crew's personal belongings, injury to passengers, or loss of profits from cargo delays, do not fall under the purview of cargo insurance. Each of those aspects pertains to different types of insurance. For example, personal belongings would typically be covered under a separate policy related to personal property or liability, while passenger injuries are associated with liability insurance for vehicles or transportation services. Loss of profits could be handled under business interruption insurance rather than cargo coverage. Thus, option A stands out as the correct choice, as it encapsulates the essence and primary purpose of cargo insurance.