Marine Cargo Insurance
Marine cargo insurance is an important risk mitigation tool available to manufacturers, traders, exporters and importers who move goods within the country or overseas. It affords protection to the owner of the goods against loss or damage to the cargo. Such loss or damage could arise due to an accident, damage during loading and discharging, sinking of the vessel etc.
Another option is going for an All Risk Marine Cargo Policy that provides comprehensive coverage with some general exclusions such as losses arising from the inherent nature of the commodity or packing. It is also possible to develop special covers for a particular commodity and the peculiar risks associated with it.
Please refer to the policy document for the complete scope of cover and list of exclusions and other terms and conditions under the policy.
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