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Marine Cargo

Interest Insured Imported and Exported Cargo
Who Needs To Buy Exporter/ Importer/ Shipper
Scope Of Cover/ Insured Perils
Loss or Damage caused by: ICC(A) ICC(B) ICC(C)
1 General Average
2 Both to Blame Collision
3 Salvage charges
4 Fire or explosion
5 Vessel or craft being stranded, grounded sunk or capsized
6  Overturning or derailment of land conveyance
7  Collision or contact of vessel, craft or conveyance with any external object other than water
8 Discharge of cargo at a port of distress9. Earthquake, volcanic eruption or lightning 
9 Earthquake, volcanic eruption or lightning 
10  Jettison 
11 Washing overboard   
12 Entry of sea, lake or river water into vessel, craft, hold, conveyance, container, liftvan or place of storage   
13 Total Loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel of craft   
14 Theft, Pilferage and/or Non-Delivery (TPND)     
15 Piracy     
16 Extraneous Perils     
Rating

Depended on the Insured's:

  • Subject insured matter
  • Voyage
  • Packaging
  • Vessel Classification/ Vessel Year of Age
  • Valuation of shipment
  • Scope of Cover
  • Loss history
  • Deductible
Requested Document
  • Declaration Form
  • Sale Contract
  • Commercial Invoice
  • Packing List
  • Bill of Lading
  • Letter of Credit