What are the important features of Specific Transit insurance? Welcome to our short video blog on the important features in Specific Transit Insurance. Through a compelling case study, we’ll showcase how these features act as true saviors for businesses. Discover how comprehensive, tailored policies, and prompt claims handling provide businesses with peace of mind, protecting […]
Video- Why do you need a Specific Transit Insurance Policy?
Importance of Specific Transit Insurance cover In the world of international trade, shipments face various risks during transit. One effective solution to protect consignees from potential losses is Specific Transit Insurance. Join us on a journey as we explore the importance of Specific Transit Insurance cover, its types, and the advantages of this crucial transport […]
What is Barratry in Marine Insurance, Maritime Law & Regulations Governing It
Barratry is the legal term describing severe or willful misconduct by the captain or crew of the ship that would include loss or damage to the ship or cargo. Marine insurance plays a crucial role in protecting you against the risk of damage or loss to the cargo or ships by which the goods are transferred, […]
Marine Insurance And International Arbitration
With a long coastline of 7500 kilometers, spanning across 9 states and 4 union territories, India has a rich history in the marine trade. Several merchants and traders came to India for the trade of spices, textiles and jewelry. To encourage safe trading, today maritime business is governed by some regulating bodies across the world. […]
What is Freight Demurrage and Defence insurance (FD&D) in Marine Insurance?
When it is about securing goods transported from one destination to another, you would want to get them insured before they leave the shore. This is where marine insurance policies come into the picture to provide adequate insurance coverage. If you are thinking transit insurance is as easy to understand as any other type of […]
Incoterms in Marine Insurance: All You Need to Know
Within global trade, goods cross borders to make businesses flourish over time. Depending on the scale at which a business operates, it forms a part of the larger development cycle of the nation. The opportunity to tap into international markets attracts many business owners in our country. But it also makes dubious about various sides […]
Who is Covered Under Multimodal Transport Operator (MTO) Insurance Cover?
Every business has its own legal and client-related liabilities that require careful consideration. The same holds true for transport operators providing national and international logistics solutions to clients from different industries. In particular, the challenges related to the work of Multimodal Transport Operators or MTOs are quite complex. They are engaged in transporting goods via […]
Key Benefits of Buying Transit Insurance Online
Mr. Shah has been in the business of selling antique woods and wooden items in India and dealt with both national and international clients. He received a big order for some specific wooden items from an International client in the United States. Once he had the products ready, he carefully checked the packaging process and […]
Understanding The Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017
The Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017, also known as the Indian Admiralty Act 2017, came into force in India on the 1st of April 2018. Who forms the basis of Admiralty law? The Admiralty Court Act, of 1840 The Admiralty Court Act, of 1861 The Colonial Courts of Admiralty Act, 1890. […]
What is an Air Freight or Air Cargo Insurance?
Air freight is the term for when there is a shipment of goods or cargo via an air carrier. For this reason, air cargo is another common term for air freight. It is very important as it enables the transport of express shipments across the world. Often the transport of cargo across the globe takes […]