Marine Cargo Insurance

Marine Cargo Insurance

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Marine Cargo Insurance

Marine cargo insurance is a type of insurance coverage that protects the owner of goods from the financial loss that arises while goods are in transit via road, ship or air freight. 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 or individuals who ship goods by sea, air or road for business or personal use. It is an important consideration for businesses that rely on the transportation of goods by water, sea or 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.
  5. Individuals who transit goods or personal belongings 

Why Choose Marine Cargo Insurance From Insure Bazzar?

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