Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or property by which cargo is transferred, acquired, or held between the points of origin and final destination. Our marine insurance includes:
Cargo
The policy covers against loss or damage to goods, freights and other interest, whether imports or exports. It can be for a single shipment or an OPEN COVER for clients who imports or exports on regular basis.
Hull
The policy covers the hull, and can be extended to include engines or machinery, accessories or personal effects. Insurance covering vessel and machinery is normally arranged on an annual basis against perils of the sea such as fire, jettisoning, theft etc.
Liability
The policy protects the ship’s owner from claims by third parties such as cargo owners, passengers and other vessels.