Marine Insurance

The types of Marine Insurance are :
A) Marine Hull Insurance
We guarantee the liability of, the loss of and material damage to vessels.
B) Marine Cargo insurance
We also guarantee the loss or damage to cargo where this loss or damage is the direct consequence of one of the events described below :
  •   Fire or explosion
  •   Vessel or craft being stranded, grounded, sunk or capsized
  •   Overturning or derailment of land conveyance
  •   Collision or contact of vessel, craft or conveyance with any external object other than water
  •   Discharge of cargo at a port of distress
  •   Earthquake volcanic eruption or lightning
  •   General average sacrifice
  •   Jettison or washing overboard
  •   Entry of sea lake or river water into vessel craft hold conveyance container or place of storage
  •   Total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft
C) Marine Liability Insurance
D) Freight Insurance