Marine Insurance provides coverage for your goods in transit and the means of transportation carrying them. It protects you financially from any loss or damage sustained to your ship, aircraft, or motor vehicle, including your cargo and the terminals on the travel journey between the point of origin to the final destination. We offer you two types of coverages.
Cargo Insurance is the type of policy that specifically covers the loss or damage of your goods during their transportation. It includes all modes of transport, be it by sea, air, or land. Your marine policy would be subject to the Institute Cargo Clauses A, Air, B, and C, including Land Transit and Land Transit All Risks coverages.
Hull Insurance is the policy covering any loss or damage sustained to your insured vessel or craft. It protects your vessel's hull, materials, engines, machinery, equipment, and any affixed item from potential risks. You also receive financial protection against third-party liabilities.