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Supply Chain Coverage Gaps
Helpful Facts
- Marine cargo insurance is essential but often missing - standard property policies don't cover goods in international transit
- Single-source supplier failures can shut down entire operations, yet most businesses lack contingent business interruption coverage
- Food industry recalls from contaminated overseas ingredients can cost millions without proper product recall insurance protection
- Cyber attacks on logistics providers create new vulnerabilities that traditional coverage doesn't address
- Currency fluctuations and supplier credit risks in international trade often go unprotected, threatening cash flow
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