Marine & Cargo Insurance is a policy that covers goods and property being transported by sea, road, rail, or air, protecting them from damage or loss during transit.
Main Coverage of Marine & Cargo Insurance
1. Coverage for Loss and Damage to Goods
o Covers loss or damage to goods during transit, such as from fire, shipwreck, or car accidents.
2. Coverage for Natural Disasters
o Covers damages caused by storms, heavy rainfall, flooding, or other natural disasters affecting transport.
3. Coverage for Accidents During Transit
o Covers accidents such as vehicle collisions, ship collisions, or plane crashes.
4. Marine Cargo Insurance
o Covers damage from rough seas, shipwrecks, or goods falling overboard during sea transport.
5. Inland Transit Insurance
o Covers damage from road accidents or theft during inland transport.
6. Coverage for Goods Damage During Handling
o Covers damage to goods during loading or unloading from ships or trucks.
MakeWebEasy