Secure Your Goods in Transit. Anywhere, Anytime.
Marine insurance policy protects businesses, cargo owners and ship owners from financial loss due to damage or loss of goods in transit.
It covers risks like accidents, theft and natural disasters.
Marine insurance applies to both inland and ocean shipments, ensuring the safe transit of goods & providing valuable financial protection against unforeseen events during transportation.
What Does Marine Insurance Cover?
Protection Against Financial Loss - Covers losses caused by accidents, theft, and natural disasters during transit.
Safe Transit - Provides coverage for both inland and maritime shipments, ensuring goods are protected no matter the mode of transport.
Risk Management -Helps businesses manage the risks of transporting high-value goods over long distances.
Peace of Mind - With insurance, cargo owners and transporters can focus on business operations without worrying about the safety of their goods.
Legal Compliance - Often a requirement for international trade, protecting goods during transit ensures compliance with import/export regulations.
Benefits of Marine Cargo Insurance Policy.
Comprehensive Coverage - Covers a wide range of risks such as theft, damage, accidents and natural disasters.
Agreed Value Policy - The sum insured can include not just the cargo value, but also taxes, profit margins, and other associated costs.
Global Protection - Marine insurance policies are internationally recognized, ensuring protection for shipments globally.
Inland Marine Insurance - In addition to covering oceanic voyages, inland marine policies protect goods during land transport.
Assignment Option -Marine policies can be assigned to third parties, ensuring flexibility in case of asset transfer.
Loss Mitigation -Covers both total and partial losses, reducing the financial impact on businesses.
What Legal papers needed for opening insurance policy?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family
How EFT is used for your premium payment method?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family
What is the age limit for elderly care policy?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family
How to claim a policy amount from you?
Insurance plans will help to pay for medical emergencies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family.Insurance plans will help to pay for medical emerg encies, hospitalisation contraction of any illnesses & treatment, medical care required in the future. The financial loss to the family
Comprehensive Coverage
Fire, explosion
Vessel or craft being stranded, grounded, sunk, or capsized
Overturning or derailment of land conveyances
Collision or contact of vessel craft or conveyance with any external object other than water
Discharge of cargo at a port of distress
General average sacrifice
Types of Marine Insurance Plans
1
Marine Cargo Insurance
Covers goods in transit by sea, air, or land, Suitable for importers, exporters, and traders
2
Freight Insurance
Protects the loss of freight income, Ensures compensation if goods are not delivered due to damage or loss
3
Hull Insurance
Covers damage to ships, vessels, or boats, Includes accidents, collisions, and natural disasters
4
Marine Liability Insurance
Covers third-party liabilities arising from marine operations, Includes damage to cargo, ports, or other vessels.