Specific transit marine insurance offers protection to transported cargo from various perils like fire, explosion, sinking, collision and natural disasters. The below infographic explains claim filing process under specific transit insurance, in case of loss.
To file a claim under a specific transit insurance policy, follow these steps:
- Notify the insurer as soon as possible after the loss or damage occurs.
- Provide the insurer with all relevant information and documentation. Documentation include a completed claim form, a copy of the insurance policy, and any receipts or documentation related to the loss.
- Cooperate with the marine insurance provider insurer in their investigation of the claim. This may include providing additional information or answering questions. The insured must claim with the insurer to get a confirmation of loss.
- The insurance company appoints a surveyor to assess the mentioned damage
- Once the insurer approves the claim, they will issue payment for the covered loss in accordance with the terms of the policy.
It is important to carefully review the terms of your transit insurance online to understand what is covered and what is required to file a claim. Below infographic will take you through the important aspects of claim filing under specific transit insurance:
About The Author
Simran
MBA Insurance and Risk
With extensive experience in the insurance industry, Simran is a seasoned writer specializing in articles on marine insurance for SecureNow. Drawing from 5 years of expertise in the field, she possesses a comprehensive understanding of the complexities and nuances of marine insurance policies. Her articles offer valuable insights into various aspects of marine insurance, including cargo protection, hull insurance, and liability coverage for marine-related risks. Renowned for their insightful analysis and informative content, Simran is committed to providing readers with actionable information that helps them navigate the intricacies of marine insurance with confidence.
