Covers goods during import, export, or inland transit against risks such as accidents, theft, or damage, ensuring smooth global trade.
Covers goods during import, export, or inland transit against risks such as accidents, theft, or damage, ensuring smooth global trade.
Marine Cargo Insurance provides coverage for goods and merchandise during transit by sea, air, rail, or road against loss or damage arising from perils such as fire, collision, sinking, theft, or mishandling.
Importers, exporters, manufacturers, traders, and logistics providers who regularly move goods domestically or internationally should obtain this coverage to safeguard their shipments.
Policies include Specific Voyage Policies, Open Policies, and Annual Policies, depending on the frequency and nature of shipments.
Yes, most policies cover goods while temporarily stored during transit, provided such storage is incidental and within the policy’s geographical and time limits.
Typical exclusions include loss due to delay, ordinary leakage or wear and tear, inadequate packing, war, and strikes (unless extended by endorsement).