OUR MARINE INSURANCE SERVICE
MARine cargo
It is a policy that covers loss or damage to goods transit by sea, air and land.
It is a policy that covers your insured goods against loss of or damage by
- fire
- theft
- accidental means
Coverage applies whilst the goods are
- in transit in a road vehicle or train
- housed in the ordinary course of transit
- Fire and explosion
- Vessel / Craft being stranded, grounded, sunk or capsized
- Collision or contact of vessel, craft or conveyance with any external object other than water
- Discharge of cargo at port of distress
- Earthquake, volcanic eruption or lightning
- General average sacrifice
- Jettison
- Washing overboard
- Entry of sea, lake or river water into vessel, craft, hold, conveyance, container, lift van or place of storage
- Total loss of any package lost overboard or dropped whilst loading onto or unloading from vessel or craft
- Theft, pilferage and non-delivery, rough handling, piracy
- Contamination
MARinE Hull
It is a plan which covers the:
- Shipbuilder’s Risks for construction of ships
- Hull and Machinery Insurance
- War Risks
- Disbursements and Increase Value Insurance for Commercial Hulls such as:
- tugs
- barges
- coastal and ocean going vessels
Good in transit
It is a policy that covers your insured goods against loss of or damage by
- fire
- theft
- accidental means
Coverage applies whilst the goods are
- in transit in a road vehicle or train
- housed in the ordinary course of transit
Warehousemen|Carrier liability
It is a policy that protects your Legal Liability as well as defense cost and expenses when you transport and store the goods and merchandise in your care, custody or control.
It covers your
- Legal liability
- Defence costs
- Expenses for loss and damage
Coverage applies whilst the goods and merchandise are
- Temporarily stored in a warehouse you operate in
- On a vehicle in the ordinary course of transit
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