Marine Cargo Insurance offers range from Marine single transit covers to open covers and from bulk to non-bulk cargo.
What is covered
Covers your cargo against key marine risks such as:
- Fire, explosion, or collision
- Vessel or craft grounding, sinking, or capsizing
- Overturning or derailment of land transport
- Collision with objects (other than water)
- Discharge at a port of distress
- Losses from general average sacrifices or jettison of cargo
- Liability under “Both to Blame Collision” clauses
What is not covered / Exclusions
- Willful misconduct by the insured
- Normal wear and tear, leakage, or loss in weight
- Poor packing or inherent issues with goods
- Loss due to delay or financial default of vessel operators
- Nuclear events
- Loss from unseaworthy vessels if known by the insured
