Marine Cargo Insurance
Providing coverage for financial losses arising from damage or loss of goods during sea transportation due to maritime risks.
Key Benefits
Comprehensive protection designed for your peace of mind.
Comprehensive Coverage
Protect your goods from port of origin to final destination, locally or overseas, with our comprehensive Marine Cargo Insurance.
Peace of Mind
Focus on your business while our dedicate team ensures your goods are protected throughout the journey.
Simple & Efficient
Secure your goods with a single insurance policy that covers their journey from origin to final destination.
Product Features
Comprehensive coverage options tailored to your needs.
Eligibility
- Anyone who property or has a ligal responsiblity for the safety of property, e.g., Owners of goods traded, Business owners, Manufacturers and Distributors, etc. is eligible to get insurance.
Policy Term
- Coverage is applicable for a single voyage.
Premium Rating
- It ranges from 0.14% to 0.84% on insured value and the rating varies according to the followings.
- 1. Type of Cargo
- 2. Voyage
- 3. The season of the trip to be carried
Basic Coverage
- 1. Fire or explosion
- 2. Vessel or craft being stranded grounded sunk or capsized
- 3. Overturning or derailment of land conveyance
- 4. Coverage for discharge of cargo at a port of distress
- 5. Collision or contract of vessel/craft or conveyance with any external object other than water
Frequently Asked Questions
Common questions about our insurance coverage.
How are premiums calculated?
They are based on cargo type, packing, route, mode of transport, and risk level.
What does “All Risks” coverage mean?
It covers most types of loss or damage unless specifically excluded in the policy.
What types of goods can be insured?
We insure almost all types of goods, including raw materials, finished products, electronics, machinery, and consumer goods.
What risks are typically covered?
Covered risks typically include accidents, theft, rough handling, fire, sinking, and natural disasters during transit.
When does coverage start and end?
Coverage usually runs from the warehouse of origin to the final destination (warehouse-to-warehouse coverage).