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MARINE CARGO INSURANCE · ALL RISKS · OPEN COVER

Insure the cargo, not just the trip.

Marine cargo insurance for imports, exports and inland transit, arranged with IRDAI-licensed insurers. Warehouse-to-warehouse cover at the right sum insured, and our team beside you if you ever need to claim.

Cover: Institute Cargo Clauses (A), (B), (C)Sum insured: Usually CIF value + 10%Policy: Single transit or annual open coverClaims: Survey and paperwork support
WHAT WE ARRANGE

The right cover for the way you ship.

ALL RISKS Institute Cargo Clauses (A) The widest standard cover: physical loss or damage from any external cause, apart from the listed exclusions.
NAMED PERILS ICC (B) and (C) Lower-cost cover against named events such as fire, sinking, collision and general average, for robust or low-value cargo.
WAR & STRIKES War and SRCC cover Added protection against war, strikes, riots and civil commotion, important on sensitive routes.
OPEN COVER Annual open policy One policy for all your shipments in a year. Each consignment is declared and covered automatically.
INLAND Inland transit Road and rail moves within India, from factory to port or ICD and on to the customer.
CLAIMS Claims support Survey appointments, notices to carriers and the documents insurers ask for, handled with you.
HOW IT WORKS

Covered before it moves.

1 Tell us Cargo, value, packing, route and Incoterm.
2 Quote Cover options and premium from the insurer.
3 Confirm Cover bound before the goods leave the warehouse.
4 Certificate Policy or certificate issued in your name or your buyer's.
5 Ship We move the cargo, with the cover in place.
6 If needed, claim We help with surveys, notices and documents.

Cargo insurance questions

Isn't the shipping line or airline responsible for damage?+

Only up to limits set by international conventions, which are usually a small amount per package or per kilo, and often far below the value of the goods. Cargo insurance covers the real value.

Who should buy the insurance, buyer or seller?+

It depends on the Incoterm. Under CIF and CIP the seller arranges cover for the buyer. Under FOB, CFR, FCA and EXW the buyer usually does. We can arrange cover for either side.

How much should I insure for?+

The usual practice is the CIF value plus 10%, to cover freight, duty and the expected margin. Your insurer will confirm what suits your cargo.

What is general average?+

When a ship's master sacrifices some cargo or spends money to save the vessel, all cargo owners share the cost. Without insurance you may have to pay a deposit before your cargo is released. Insured cargo is covered by the insurer's guarantee.

What should I do if my cargo arrives damaged?+

Note the damage on the delivery receipt, take photos, keep the packing and tell us straight away. We'll help arrange a survey and send the notices the insurer needs.

Do you issue the policy yourselves?+

No. Policies are issued by IRDAI-licensed insurance companies. We help you choose the cover, arrange it with the insurer and support you through any claim.

Shipping something valuable? Insure it properly.

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