Marine Insurance
Protect your goods from ship to shore with solid protection. Customised terms and conditions to suit your transportation & protection needs. In a global economy, any multinational company needs to protect its goods in transit to stay competitive. Whether you ship by land, sea or air, our cargo insurance coverage provides solid protection from the moment your goods leave the warehouse until they arrive at their destination.
We understand the issues that impact your business, including just-in-time delivery, supply chain complexities and business interruption exposures. And we tailor our terms and conditions to suit specific transportation or protection needs—including exhibitions, product installation, sales samples, storage at locations and marine business interruption.
You can purchase cargo insurance coverage on a stand-alone basis, or it can be coupled with an existing all-risk policy to close any potential coverage gaps.
Type of policies
Single voyage
Most common type of policy and it covers from cargo when it travels from one place to another place (within one location) and for each individual voyage.
Marine open cover
A marine cargo open policy is the agreement between the insured and the insurance company to insure all cargoes in transit falling within that agreement for an indefinite period, until the agreement is cancelled by either policy.
Annual policy
An annual policy is to cover risks for a period of time, usually one year and all the shipments should fall within the terms/conditions of the policy.
Type of policies
Single voyage
Most common type of policy and it covers from cargo when it travels from one place to another place (within one location) and for each individual voyage.
Marine open cover
A marine cargo open policy is the agreement between the insured and the insurance company to insure all cargoes in transit falling within that agreement for an indefinite period, until the agreement is cancelled by either policy.
Annual policy
An annual policy is to cover risks for a period of time, usually one year and all the shipments should fall within the terms/conditions of the policy.