Marine Cargo Insurance

What is Marine Cargo Insurance

Marine Cargo Insurance covers damage to the cargo during the international transportation by sea, air, land, rail or post transportation as a result of accidents or unforeseen circumstances.

Suitable for

Shipper, Exporter, Consignee, Importer

Comparison Table of Coverage Under Institutes Cargo Clauses A, B, C

Coverage Clause A Clause B Clause C
Fire or explosion Yes Yes Yes
Vessel or craft being stranded grounded sunk or capsized or collision or contact of vessel craft with anexternal object other than water Yes Yes Yes
Overturning or derailment of land conveyance Yes Yes Yes
Discharge of cargo at the port of distress Yes Yes Yes
General average sacrifice Yes Yes Yes
Jettison Yes Yes Yes
Sue & Labour charges Yes Yes Yes
Earthquake, Volcanic Eruption or Lightning Yes Yes No
Washing overboard Yes Yes No
Total loss of any package lost over board or dropped whilst loading on to, or unloading from, vessel or craft Yes Yes No
Entry of sea lake or river water into vessel craft hold conveyance container lift  van or place of storage Yes Yes No
Rain water Yes Yes No
Malicious Acts Yes Yes No
Pirates Yes Yes No
Theft Yes Yes No
Other accidental damage not falling under Exclusion Clause Yes No No