Marine Cargo

Secure your cargo and safeguard your business! It is all about global transport solutions for a global market. As goods cross borders by land, air or sea, maintaining control over them becomes increasingly challenging. Globalisation has made trade with less developed countries a reality, where weaker logistics infrastructure and theft may pose threats to freight delivery. In addition, technological advances have created high customer expectations regarding manufacturing and delivery. Supply chains need to be protected from disruption and the negative impacts on customer loyalty, company reputation and cash flow.

To give you peace of mind for your cargo, simply rely on our Marine Cargo insurance which provides you with indemnity for loss or damage to your cargo during transit from location to location by sea, air or land conveyance on a courier service or parcel post.

In general, there are 4 types of policy coverage for Marine Cargo insurance.

1. Single Voyage/One-time shipment
   • It covers the cargo when it transits from one place to another place.
2. Open Cover
   • Businesses that make regular cargo shipments can benefit from Open cover, which automatically insures shipments based on specified terms and conditions.
3. Annual Cover
   • This cover is for businesses with high-volume shipments. The premium is adjusted at the end of each policy period according to the actual value of your shipments.
4. Inland Transit
   • Goods in transit on your land vehicles or through a professional carrier can be protected by an annual policy. An agreed annual premium is charged upfront and declaration of shipments is not required.

Protect your business and cargo while on the move. With a range of plans designed for you, you can choose a solution to suit your plan. Consult our team of advisers to design the best solution that meets your business needs.