Marine Insurance

This covers goods/cargo, freight and other interests against loss or damage whilst being transported by sea, air or Inland means. Our comprehensive coverage guarantees you success in your business. 

Classes include:

• Marine cargo

Marine Cargo Insurance covers the risks of loss or damage to goods and merchandise during transit by sea, rail, air or road.

• Marine hull and machinery

This policy provides cover against loss or damage to the hull, engines and accessories caused by perils of the sea, rivers, lakes or other navigable waters. It also covers loss by fire, theft, jettison, piracy, explosion, malicious acts as well as latent defects in hull or machinery and third-party liabilities on injuries and property damage.

• Goods in Transit

This cover indemnifies the Insured in respect of loss of or damage to property belonging to the Insured or for which the Insured is responsible arising from any accident or other perils, whilst in transit by any conveyance. This Policy extends to cover expenses reasonably and necessarily incurred in respect of cost of debris removal in the course of removal of property damaged from the site where damage occurred, transferring property from the vehicle following an accident and reloading to another conveyance, securing and protecting the property at the site of accident and damage (excluding wear and tear) to tarpaulins, sheets, trailer curtains, ropes, chains, webbing straps and packing materials following an accident.

• Carriers’ liability

This policy compensates the Insured in respect of legal liability for accidental loss of or damage to goods in the custody or control of the insured whilst in transit by road, rail or any other specified means.

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