Marine Cargo Insurance

Scope of Coverage

Marine Cargo Insurance protect against loss/ damage during the movement of cargo from one port/ country to another. The conveyance can be by Sea, Air or Land. .

Protection Plan & Benefits

Scope of Cover

1) Institute Cargo Clauses (A)

  • Covers : All Risks of loss or damage to the cargo

2) Institute Cargo Clauses (B)

Covers:

  • Fire or explosion
  • Stranding or grounding of vessel
  • Overturning or derailment of land conveyance
  • Collision or contract of vessel with any external object other than water
  • Discharge of cargo at port of distress
  • Earthquake, Volcanic Eruption or Lightning
  • Jettison or washing overboard
  • Entry of sea, lake or river water into vessel, craft, hold, conveyance, etc
  • Total loss of any package lost overboard or dropped whilst loading onto, or unloading from vessel or craft.

3) Institute Cargo Clauses (C)

Covers :

  • Fire or explosion
  • Stranding or grounding of vessel
  • Overturning or derailment of land conveyance
  • Collision or contract of vessel with any external object
  • Discharge of cargo at port of distress
  • Jettison

 

Information displayed here are general information only. Policies are tailored to suit individual needs of the clients. Contact Us or Chat with Us now for more details.

Important Notice!

The information of the insurance plan is up to date at the time of this website is published. As time goes on, the information could be amended or revised by the insurer and the authority. If such event happen, the insurer’s version is the most correct. For detailed coverage and protection, kindly refer to your policy contract.
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