International Cargo Insurance
Made Easy
Whether you import or export good, buy marine insurance for your shipment. Get Rs.10 lac cover for just Rs. 1500
Cargo Marine Insurance Coverage
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What is Marine Cargo Insurance?
Marine cargo insurance provides coverage and covers the overall cost of the goods that are exported or imported (from and the country to another country or vice-versa), it also covers the goods within the country’s territory when the goods are being carried by any transportation from one place to another.
What are means of transport for marine cargo insurance?
The Marine cargo insurance policy applies to all the goods being transported through any means of mobility such as air, road, sea or rail. Some coverage providers might also include inland transportation cover in the same provided policy.
How is the premium calculated?
The formula of calculating premium in marine cargo insurance policy is done on the bases on the total annual sales or annual turnover of the insured business. It is calculated and specified and has to be remunerated the price which is over and above the cover required/desired.
What are the types of risk covered?
The marine cargo insurance policy provides coverage against the risk of theft, piracy and any kind of damage to the goods and products while loading and off-loading the cargo. Moreover there are other risks involved against which an extra cover needs to be procured and availed by the insured, situations like strikes, violence and any other risk that might not be known and cannot be monitored is applicable under the special clauses of the policy.
Who should avail this policy?
The Marine Cargo insurance policy coverage can be availed by sellers, buyers, merchants involved in export and import, banks and any other entity engaged in the business of import and exports of goods and products.



