Marine insurance offers coverage in case of damage or loss of cargo, ships, terminals, and any transport by which any property is acquired, transferred or held between the point of origin and its destination.

Cargo insurance is the sub-category of marine insurance. Marine insurance covers property exposed either onshore and/or offshore, marine casualty, marine liability, and hull damages.

In case goods are transported using a courier service, shipping insurance can be purchased.

Benefits of Marine Insurance:

Here are the key benefits of marine insurance.

  • Comprehensive all-risks coverage – A marine insurance plan offers comprehensive insurance coverage that safeguards your cargo from all the potential risks.
  • Worldwide claims survey and settlement assistance – You don’t have to worry about your claim at all as worldwide claims settlement assistance is provided.
  • Flexible coverage options available – Marine insurance needs are individualistic. Flexible marine insurance coverage fulfills your insurance needs.