Marine Insurance is International in nature. It is a transit risk policy covering the movement of cargo from one specific point to the other point of discharge. The risk attaches from the time goods leave the warehouse of the consignor who is named in the policy and continues during the ordinary course of the voyage up to the consignee’s warehouse.

What we Cover:
1. The hull i.e. The vessel itself
2. The cargo i.e. What the vessel is carrying.
3. The freight i.e. The sum paid for transporting goods or for the hire of the ship

Liability towards third parties.

Peril/Risk Covered:
The perils covered under marine Insurance are:
1. Marine Perils (Perils of Sea) – This may include fire, explosion, jettison, storm, collision, sinking, contact with objects fixed or floating, etc.
2. War, strike, riot, and civil commotion.
3. Extraneous Perils – Such as pilferage, non-delivery, rainwater damage, hook damage, oil damage, heating, breaking, denting, etc.

Get in touch with us for a Marine cover.