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