What is Marine Insurance?
Marine Insurance is an insurance that provides coverage against the losses or damages of cargo or goods during transportation between the points of origin to the final destination. Marine insurance policy provides coverage for all means of transportation example road, railway, air, sea, couriers and postal service.
Marine Cargo insurance primarily covers loss during transit caused due to fire, explosion, hijacks, accidents, collisions, and overturning. We also offer plans for covering the risk of theft, malicious damage, shortage, and non-delivery of goods, damages during loading and unloading, and mishandling of goods/cargo.
Who Can buy Marine Insurance
Any person / company with insurable interest in the goods in transit can insure.
- Exporters / Importers
- Manufacturers
- Traders
- Merchant Exporters
- Contractors of Projects
- Logistics Operators
- C&F Agents
- Any one engaged in the business of movement of goods.
Types of Covers we provide in Marine Insurance
- Damage to cargo or vessel due to fire, explosion, sinking, stranding during the journey
- Expenses incurred due to collision, overturning or derailment of land conveyance
- Compensation for expenses incurred if the cargo is discharged from port of distress/disturbance
- Damage incurred due to natural calamities such as earthquake or lightning
- Expenses for survey fees, forwarding expenses, costs of reconditioning and legal charges
- Jettison and washing overboard expenses
- Total loss of package due to overboard or droppage during loading or unloading
Why you can choose us as your Marine insurance Partner
- Over 20 Years of experience in field
- Best Rates to compare
- Customise the policy as per your needs
- Hassle free policy issuance just on a call
- Excellent claim Settlements
