Marine Cargo Insurance

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 Type of Insurance

Marine Cargo Insurance

Marine cargo insurance is a type of insurance coverage that protects the owner of goods being shipped by water, air & road from financial loss due to damage or loss of the goods. This type of insurance covers the goods from the point of origin to the final destination, and can provide protection against a wide range of risks including theft, damage, and loss due to natural disasters or other unforeseen events.

Who should have marine cargo insurance?

Marine cargo insurance can be purchased by businesses that regularly ship goods by sea, air , road or by individuals who are shipping goods for personal use. It is an important consideration for businesses that rely on the transportation of goods by water, air, road as it can help protect against financial losses and ensure that the business is able to continue operating in the event of damage or loss of goods.

Marine Cargo Insurance Covers :

This type of insurance covers the goods from the point of origin to the final destination and can provide protection against a wide range of risks including:

  1. Accidental or damage to goods during transit
  2. Collision, an overturning of carrying vehicles
  3. War, riots, strikes and civil commotion
  4. Fire
  5. Theft & pilferage 
  6. Natural perils or other unforeseen events

It is important to carefully review the terms and conditions of a marine cargo insurance policy to ensure that it provides the desired level of protection.

Who should buy Marine Cargo Insurance?

  1. Importers/exporters
  2. Freight forwarders on behalf of their customers
  3. Manufacturers
  4. Traders who are involved in international and/or local trade. 

Why Choose Marine Cargo Insurance From Insure Bazzar?

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