Cargo Insurance

Cargo Insurance provides cover to goods owners who have property in transit or in storage in the course of transit.

Export/Import cover

Key Benefits/Features
Policyholders have peace of mind in knowing that transits where their goods are at risk are covered under the policy.
Returned/rejected shipments held covered and automatic cover for loading/unloading risks, general average and salvage charges.

Other similar interests and voyages held covered at rates and conditions to be advised.

Summary of Cover
All risks of loss or damage to the subject matter is insured. Cover can be arranged for (a) one-off single shipments, or (b) to take all shipments over a period of 1 year by block policy (deposit premium adjustable at year-end preferably or declaration policy with monthly declarations.

Cover - Automatic
Cover provided for imports/exports and inland transits.
Cover is normally on All Risks terms as per Institute Cargo Clauses. (A)

Cover - Optional
Cover can be extended to include exhibition risks where required.

Principal Exclusions
Delay, inherent vice and consequential loss.