Marine Insurance

Marine Cargo Insurance covers losses of cargoes being transported either by air, land or sea, subject to the limits, conditions and warranties of the contract

Kinds of Marine Cargo Insurance According to Risk Area

Ocean Marine Cargo

This kind of insurance is used for cargoes transported by a vessel or ship which navigates beyond the territorial limits of one country from which goods originate for transport to another country

Inter-Island Marine Cargo Insurance

This is an insurance covering cargoes for transport or conveyance by vessel or Ship from one port to another within the territorial limits of a country.

Inland Marine Cargo Insurance

Insurance for cargoes transported within the island via roads and railways using Motorized vehicles.

Hull Insurance

Hull Insurance is the insurance being afforded on the ship or vessel including its machinery and equipment.