Marine Insurance
Comprehensive Coverage for Cargo and Hull Protection
As goods cross borders by land, air or sea, maintaining control over them becomes increasingly difficult. Globalisation has made trade with less developed countries a reality, where weaker logistics infrastructure and theft may pose threats to freight delivery. Insurance is available for two categories, cargo, and hull. Marine Cargo insurance protects the insured against losses incurred as a result of loss and/or damage to the goods while in transit on water and land subject to request. This insurance usually covers all risks subject to exclusions depending on the nation of goods in transit and type of transit
