Dhaka, Oct. 21 -- All insured goods incinerated in the import-cargo-village fire at Hazrat Shahjalal International Airport (HSIA) may not be compensated as most consignees had 'Air Risk Only' insurance coverage.
This insurance policy covers only four specific risks: air crash, hijacking, forced landing, and on-air collision with another object.
In contrast, there is another insurance option called 'Air All Risks' coverage, which includes not only in-flight incidents but also extends protection for 30 days after the cargo lands.
This broader coverage includes storage at the cargo village and damage to imported goods during that period.
On Sunday, this correspondent visited the C&F agents' office located just 100 metres from the import-...
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