MARINE CARGO

Marine Cargo

Marine cargo insurance is an integral part of National / International Trade and is required by Importers, Exporters, Manufacturers, Distributors, Retailers, Wholesalers and others engaged in the movement of goods by sea, air, road, rail and post.

The Risks/Hazards during Transit

The main hazards to which moving goods and/or property are exposed during transit are:

  • Perils of the sea
  • Theft
  • Malicious Damage
  • Fire and Accidental Damage etc

Types of policies:

  • Specific Policy: a policy for a single shipment by sea / air / rail / post.
  • Open Policy: an annual policy subject to declarations for policy issuance at agreed upon rates.

War and Political Risks

We provide cover for the risks associated with international trade and investments. We have developed tailored policies in respect of the following:

  • War Risks insurance
  • Confiscation, Expropriation and Nationalisation insurance
  • Credit insurance