Marine Cargo Insurance
Protection for cargo moving by sea, air or road against loss or damage in transit.
Goods in transit face a long list of risks — handling damage, accident, fire, theft and non-delivery among them. Marine Cargo Insurance protects consignments carried by sea, air or land from the moment they leave the warehouse until they arrive.
Whether you are an importer, exporter or logistics provider, cover can be arranged per shipment or under an open policy for regular traffic.
Marine Cargo Insurance
Protection for cargo moving by sea, air or road against loss or damage in transit.
Coverage options
Transit accident
Loss or damage caused by an accident to the carrying vehicle or vessel.
Fire & natural calamity
Fire, explosion or natural events occurring during the voyage.
Theft & pilferage
Theft, pilferage and non-delivery of the whole consignment.
What you get — and what you don’t
Key benefits
- Per-shipment or annual open cover
- Cover from warehouse to warehouse
- Institute Cargo Clauses A, B and C available
- Fast documentation for letter-of-credit requirements
Main exclusions
- Inherent vice, ordinary leakage and normal loss in weight
- Insufficient or unsuitable packing
- Delay, even when caused by an insured peril
- Wilful misconduct of the insured
How a claim works
- 01
Notify the carrier
Record the damage with the carrier before taking delivery.
- 02
Inform us
Contact the claims desk immediately so a surveyor can be appointed.
- 03
Survey
An independent surveyor assesses the extent of the loss.
- 04
Settlement
The claim is settled on the basis of the survey and shipping documents.
Documents to keep ready
- Invoice, packing list and bill of lading or airway bill
- Survey report and carrier’s damage certificate
- Claim bill and correspondence with the carrier
- Copy of the policy or certificate of insurance