His father retired as the executive director of the Export Credit Guarantee Corporation of India, a government agency in Bombay that insures goods for Indian exporters.

The Talmud deals with several aspects of insuring goods.

"Don't pay twice to insure goods in transit - your transport company's own insurance may cover it."

All merchants and ship owners immediately insured all vessels and goods in space-transit at much higher valuations.

Instead, the policy simply stated that it insured "goods" on board.

You need to be aware that carriers, freight forwarders or third-party service suppliers will not automatically insure goods that are under their care or control.

See the page in this guide on insuring goods in transit.

Currency and credit problems have followed, and now the volatile atmosphere has added another obstacle, with traders in recent days finding it increasingly difficult to insure goods.