Marine Cargo Insurance
Secure your cargo, grow your business
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Damage or loss of goods in transit -
Loss of goods due to fire or theft -
Incidents relating to the vehicle itself i.e. lorries overturning, road accidents etc. -
Loss of goods from Natural disasters -
Protection of goods in warehouse storage -
Total loss of a package or vessel
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No-Claims Discount -
Rewarding businesses with a clean claims history over the past years with reduced premiums. -
Loyalty Discount -
Enjoy exclusive savings when you renew your policy with us year after year. -
Risk Management Discount -
Receive a discount for implementing strong internal controls and risk mitigation practices. -
Advance Payment Discount -
Pay your annual premium upfront and benefit from a lower total cost. -
Startup Discount -
Special reduced rates for newly established businesses in their first year of operation.
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Generally no but this is up to each insurance company. Limits may depend on the company’s size or on whether there might be a huge pay-out that will cause bankruptcy. However, if you have a “valued policy” section in your insurance policy it means that the cargo’s value is agreed upon when the policy is issued and this value may be based on an average or on the assumption that every cargo has the same or similar value. -
Yes, since this is the case for all insurance policies. However, if you discuss this with your insurance broker when writing up the policy, there might be a way to fix the premium in another way. -
You are most probably already taking all necessary precautions and given that an insurance policy is aiming to protect you from the unpreventable, all you can do is keep accurate logs. This will keep you organized and may prevent a future claim.
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