A Guide to Marine Cargo Policy

A Cargo insurance policy provides coverage to businesses involved in the shipping of goods across national boundaries on a regular basis. Any unexpected damage to the goods during the transit can also cause an irreparable loss to the businesses. Hence, it is important to get insurance beforehand. Marine insurance policies not only cover the goods […]

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Increased value clause in Marine Inland Transit Insurance

The traditional marine insurance policy covers only the market value of the ship commonly referred to as ‘Shipowner’s Interest’. However, there are other additional costs apart from the market value of the vessel requiring coverage. Some costs like sundries for the ship replacement, buying an equivalent new ship, such as office expenses, or brokerage also […]

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What is Inland Transit Coverage in Marine Insurance?

Inland transit marine insurance policy plays a crucial role by covering any loss or damage to the policyholder’s goods like raw materials, machinery, etc. during transit as per the contract. It offers cover to the policyholder’s business goods or personal belongings transported by land. Further, as per the requirement, it is feasible to categorize inland […]

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5 Questions to Ask Before Buying Marine Insurance Policy in India

In today’s industrial age, the importance of marine insurance has increased more than ever before. Whether it is an inland transit or export to a far-flung area, a marine insurance policy ensures the complete safety of the consignment and protects it against both natural and man-made perils, like earthquakes, fire, piracy, theft, etc. While a […]

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What is Inland Transit Clause A in marine insurance?

Cargo Insurance or Transit Coverage Insurance solutions will help you in safeguarding yourself from the various risks associated with the goods when they are in transit. With marine inland transit coverage, you are able to avail of coverage against loss, damage, or destruction. Which can happen to goods while they are in transit over land […]

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