Marine & Cargo Insurance
Provides comprehensive coverage for the risks associated with transporting goods.
Marine cargo insurance protects goods from the risk of loss, damage, pilferage and theft during transit by sea, land and air from the port of origin to the final destination.
Marine is ideal for both individuals and corporates transporting goods inland, importing or exporting like manufacturers, wholesalers, miners and producers.
This cover is ideal for imports/exports like petroleum, manufacturing and agricultural inputs, electronics, pharmaceuticals, machinery, and textiles among other.
Types Of Perils Covered
A comprehensive all risks Marine insurance policy covers loss or damage as a results if :-
- Fire & Explosion
- Stranding, Grounding, sinking or capsizing
- Overturning or derailment of land conveyance
- Collision Discharge at port of distress
- Total loss of Vessel
- General average sacrifice
- Jettison of cargo
- Earthquake, volcanic eruption or lightning
- Entry of sea, lake, river water to hold or container
- Discharge at port of distress
- Washing overboard
- Entry of sea, lake, river water to hold or container
- Total loss of package during loading/unloading
- Rainwater
- Malicious Damage
- Breakage
- Shortage
- Pilferage
- Theft
- Piracy