Marine Cargo (Single Transit)
Covers a specific shipment from origin to destination — ideal for one-off imports, exports, or high-value consignments needing dedicated cover.
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Goods on the move face risks at every stage — loading, transhipment, rough handling, weather, accidents, and theft. Marine Insurance protects cargo and consignments against loss or damage during transportation by sea, air, road, rail, or post — domestically and internationally — ensuring traders, importers, and exporters are not left bearing transit losses themselves.
We arrange Marine Cargo policies for one-off shipments and annual Open Cover / Sales Turnover policies for businesses with frequent dispatches. Coverage can be designed under ICC (A), (B), or (C) clauses to match the value, nature, and risk profile of your cargo.
Comprehensive protection designed for real-world needs and unexpected situations.
Covers a specific shipment from origin to destination — ideal for one-off imports, exports, or high-value consignments needing dedicated cover.
Annual policy that automatically covers all dispatches during the year — eliminating the need to arrange cover for each individual shipment.
For movement of goods within India by road, rail, or inland waterway — covering damage from accident, overturning, derailment, fire, theft, and non-delivery.
The widest cover under Institute Cargo Clauses — protects against all risks of physical loss or damage except specifically excluded perils.
Optional add-on for goods crossing high-risk corridors — covers loss or damage caused by war, civil unrest, strikes, and political risk.
Coverage tailored for time-sensitive air shipments and courier parcels — including high-value documents, electronics, and pharma.
Real reasons clients choose this protection and stay protected for the long term.
Transit losses are unpredictable — a single damaged container can wipe out a quarter's profit. Insurance converts that volatile risk into a fixed premium cost.
Letters of Credit, trade financing, and many import-export contracts require Marine cover with assignment of the policy to the bank or buyer.
Policies follow your cargo door-to-door across borders, ports, and modes of transport — under a single, consistent set of terms.
Recovering from shipping lines or transporters can take months or years. Insurer settlement is faster, and the insurer then pursues recovery on your behalf.
Cover can be structured to match Incoterms (CIF, FOB, CFR) — ensuring there's no gap between when the seller's risk ends and the buyer's begins.
Marine premiums are typically a small percentage of cargo value — among the most cost-effective covers for the magnitude of risk transferred.
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View DetailsSpeak with an InsureWise advisor for a personalized recommendation — free, transparent, and tailored to your needs.