Marine Insurance

Marine Insurance is a type of insurance policy that provides financial protection to goods and cargo during transportation from one place to another. It covers various types of risks associated with the movement of goods, including loss, damage or theft of goods while in transit.

Policy Type

Coverage

  • Damage due to collision
  • Explosion or Fire
  • Damage due to natural calamities
  • Derailment/Sinking/Stranding
  • Washing Overboard
  • Theft, Pilferage and Non-Delivery
  • Damage due to Riots, Strikes and Civil Commotions
Policy Type

Exclusions

  • Intentional Loss or Damage
  • Insolvency/Financial default
  • Ordinary leakage
  • War and warlike perils
  • Nuclear Risks

Different types of Marine Insurance Policies

PROTECT YOUR VALUABLE ASSETS FROM VARIOUS RISKS
Marine Cargo Insurance

This policy provides coverage for loss or damage to goods during transportation by sea, air or land.

Inland Transit Insurance

This policy provides coverage for loss or damage to goods during transportation by road, rail or inland waterways.

Freight Insurance

This policy provides coverage for the loss of freight due to damage or non-delivery during transportation.

All Risk Insurance

This policy provides coverage for all risks of loss or damage to goods during transportation, subject to certain exclusions.

  • Risk Mitigation
  • Global Coverage
  • Peace of Mind

Benefits of Marine Insurance

  • Comprehensive Coverage
  • Customizable
  • Customer-Focused Policies

Factors affecting the premium

    Nature of Goods

    Cargo Value

    Location and Destination

    Distance and Route

    Mode of Transport

    Deductibles

    Packaging and Handling

Claim Process

Register your claim with Us

In case of any damage to your assets, inform us about the incident as soon as possible.

Provide all the necessary documents

There are certain documents required for the claim process which will be informed to you by our claim department.

Relax, we will take it from here

Once we receive all the documents, you can relax and wait to receive your cheque