Marine Insurance

We issue Marine Cargo policies to cover Maritime risks associated with import transactions.

Request a Call















We issue Marine Cargo policies to cover Maritime risks associated with import transactions. The policy covers the Insured should goods coming into the country by Sea or Air be lost, destroyed or damaged whilst in transit.
We also cover damage to the Hull itself.

 

Our Marine Cargo Insurance provides cover for the following:

  • Unexplained disappearance
  • Handling and storage hazards
  • Water damage
  • Fire damage
  • General average declaration
  • Other fortuitous risks

 

Marine Cargo Insurance is written under three different Institute Cargo Classes terms (ICC). The A and C covers are the common covers being issued presently in the market.

  1. Clause A: provides the widest cover possible for “all risks” of loss or damage, subject to specified exclusions which basically excludes the inherent vices of cargo.
  2. Clause B: limited cover restricted to particular perils as follows;
    • Fire or explosion
    • Vessels or craft being stranded, grounded, sunk or capsized overturning or derailment of land conveyance
    • Collision or contact of vessel craft or conveyance with any external object other than water discharge of cargo at a port of distress
    • Earthquake volcanic eruption or lightning
    • General average sacrifice
    • Jettison or washing overboard
    • Entry of sea lake or river water into vessel craft holds conveyance container lift-van or place of storage.
    • Total loss of any package loss overboard or dropped whilst loading on to, or unloading from vessel or craft.
  3. Clause C: basic cover, is limited to the effects of major occurrences like;
    • Fire explosion
    • Vessel or craft being stranded, grounded, sunk or capsized
    • Overturning or derailment of land conveyance
    • Collision or contact of vessel, craft or conveyance with any external object other than water.
    • Discharge of cargo at a port of distress
    • Loss or damage to the subject-matter insured caused by general average sacrifice.

Our Marine Insurance client's
experience

Save your self the
worries, Get Covered

Request a Call

200-310 desgn pdf| 400-101 ccie| 300-320 questions| 70-534 study guide| 117-303| AWS SYSOPS| ADM-201| EX200| 210-060| 70-534 pdf| 220-901 dumps| 300-101 vce| 300-070 ciptv1 dumps| 200-125 dumps| AWS SYSOPS| 300-075| EX200| 300-208| CABA| CSM-001| 70-347| 70-346| CSSLP| CWNA-106| 117-303| 70-483| adm-201 certification | 300-115 pdf| 300-101 route pdf| 210-065| 210-060| 70-534 practice test| 300-115| 300-101 dumps| 210-065| 210-060 pdf| aws sysops certification| 200-125 ccna exam cost| 300-101| 210-065| 810-403 study guide| 210-260 dumps| 1k0-001 polycom| 1z0-808 dumps| 98-365 study guide| 300-206 senss book| ex200 exam dump| 200-125 ccna pdf| 200-120 vce| cism vs cissp| 70-346 practice test| ex200 dumps| ex300 dumps| cissp salary| cissp-issap training| 100-105 icnd1| sy0-401 dump