Marine Insurance covers.

Marine Insurance

Marine insurance  helps to protect  individuals and firms against financial loss due to damage or loss of their goods. Essentially, marine cover provides protection against loss or damage caused by marine perils. Marine Insurance can take the following forms:

  • Marine Cargo insurance.
  • Marine Hull insurance.
  • Marine Open Cover.

1.Marine Hull Insurance

Our Marine hull insurance provides cover against loss and/or damage to vessels, ships hull, machineries and other equipment of the vessel including collision and liability to third parties.

2. Marine Cargo Insurance

This is a transport risk policy which provides cover against loss or damage to goods (imports and exports) been transported from one place to another either by sea, road, rail or air.

This policy covers Bulk Cargo (Where specific cover is in place), Specialized Cargo and General Cargo that is shipped in containers.

Scope of marine Cargo Insurance

We provide various kinds of tailor-made marine cargo covers that suits your requirements. Depending on your needs you can purchase any of the following

  • Institute Cargo Clause A
  • Institute Cargo Clause B
  • Institute Cargo Clause C
  • Institute Cargo Clause D
  • Institute Cargo Clause E

3. Marine Open Cover Policy
Our marine open provides cover for all cargo shipped during a specific period. The product provides indemnity against loss or damage for goods being transported and is ideal for compainies that make frequent shipments

Our marine open provides cover for all cargo shipped during a specific period. The product provides indemnity against loss or damage for goods being transported and is ideal for companies that make frequent shipments