A year ago, I almost lost a shipment – a container of electronics arrived at the port, and the original bill of lading was delayed due to bank red tape. The carrier refused to release the goods until we signed a Letter of Indemnity, which promised to cover all risks. We were scared: what if the LOI wouldn't be accepted in court or we'd have to pay huge damages? We started digging around and found a blog
https://ram-shipping.com/blog/letter-of-indemnity-loi-in-shipping/ with a detailed breakdown of what an LOI is, its types (without the original B/L, for changing ports, etc.), the risks, and how to properly complete it. Everything was straight to the point, no nonsense, and really helped me understand and sign with peace of mind. If you encounter similar issues in shipping, check it out – it's helpful.