What does Marine insurance cover?
Marine insurance provides compensation for loss or damage of goods while being imported/ or if they get lost while being shipped. Our Marine cargo policy covers risks of loss or damage from accidental causes such as sinking, stranding, fire, collision, sea water, heavy weather, contact, explosion, damage during discharge or loading and special charges incurred at the point of distress and a wide range of other perils. Marine Cargo Insurance policy provides cover against loss or damage for goods being transported by either sea or air and incidental land transportation. Our Marine policies can either be single voyage policies or annual policies.
Cargo is covered from:
Port of origin to port of destination.
Port of origin to ware house.
Warehouse to warehouse.