Marine Cargo 2017-03-28T12:16:59+00:00

MARINE CARGO INSURANCE

What is Marine Cargo insurance?
Marine Cargo insurance covers the risks of loss or damage to your goods and merchandise while in transit by any method of transport – sea, rail, road or air – and while in storage anywhere in the world between the points of origin and final destination

Who needs Marine Cargo insurance?
If your business imports or exports goods and merchandise, and could not afford to lose one or more of these shipments, then you need Marine Cargo insurance. The following types of businesses will generally have a need for Marine Cargo insurance:

  • Manufacturers
    Importing raw materials and distributing finished goods
  • Wholesalers
    Importing stock and distributing sales
  • Primary producers
    Exporting products like beef, lamb, fish and cotton etc.
  • Retailers
    Importing stock and moving sales, purchases and stock transfers

What does Marine Cargo insurance cover?
Although each policy is different, Marine Cargo insurance will generally cover damage to your cargo as a result of:

  • Water and fire damage
  • Theft
  • Vehicle collision
  • Inadequate load securing

How much Marine Cargo Insurance is enough?
Although this will depend on the value of your imports, exports and/or domestic sendings, our insurance brokers will work with you to calculate an adequate level of cover.

For more information on Marine Cargo insurance and the important role it can play in protecting your business, please contact us via the form below.

DO YOU HAVE A QUESTION ABOUT MARINE CARGO INSURANCE?

Allow us to prepare a quote for your consideration and minimise the risk to your business’ supply chain and balance sheet.

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