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Is it permisible to insure cargo

Answered as per Hanafi Fiqh by Askimam.org

Dear Mufti Saheb, When ordering products from overseas( USA) the company or the shipping agents inquire if we want to insure the cargo. Jazakallah Khair.

Answer

It is permissible to insure the cargo.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

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This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.