Marine Insurance
Marine Cargo Insurance
Marine Cargo Insurance policy covers you against loss or damage to the cargo insured arising from any cause not specifically excluded while on transit by sea freight or Airfreight. Marine Cargo Insurance Policy Cover protects your business goods imported from overseas against risks such as seawater ingress, general average, short landing, and the like. Other perils would include burglary, accidental damage, and fire.
Marine Cargo Insurance Policy is a transit risk policy covering the movement of cargo from a specified point to the point of discharge. There are different types of covers.
Marine Hull insurance
Marine Hull Insurance policy provides cover against physical damage as well as attendant liabilities to ships/boats/yachts and other vessels. This insurance is available for sea going vessels mainly for leisure, pleasure or domestic use. Covers will protect against damage, loss or theft of the boat while at use or leisure. The sum insured is the market value of the hull to either repair or replacement in the event of total loss. Cover may also extend to include the engine, contents on the boat, and against legal liabilities in view of ownership or operations.
Marine Portal Insurance
Marine Cargo Insurance policy cover protects you against loss or damage to the cargo insured arising from any cause not specifically excluded while on transit by sea freight or Airfreight.