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Product ADVANTAGE

  • Export & Import Insurance

    Insure shipments exported and imported. Leave no leg of the transit uninsured Cover several risks and choose from a wide variety of coverage options. Cover notes universally accepted as proof of insurance.

  • Inland Transit

    Cover goods traveling within India by any mode. Well defined and standardized covers leave little ambiguity. The insurance covers domestic transit including warehouse storage for limited periods

  • Marine Hull

    Insure your ships and boats for all risks Covers large vessels. These are complex risks where options for piracy, sea worthiness need to be carefully assessed

  • Specific Transits

    Cover goods in transit for a specific journey Specify start and end destination. Cover note for such journeys issued within hours. Pricing extremely cost-effective.

Benefits overview

Cover any Commercial Arrangement

Marine insurance covers several commercial arrangements. The most common forms of contract are FOB (Free on Board), C & F (Cost and Freight) and CIF (Cost, Insurance and Freight). If the contract type is FOB or C&F, the buyer is generally responsible for the insurance. And in the case of CIF, the seller is accountable for the insurance.

Multiple insurance structures

Based on how frequently you need marine insurance you can select a structure. These range from Annual Turn Over Policy (ATOP), Specific Voyage, Open Policy, and Annual Policy. The annual or sales turnover insurance is a simple way to insure your yearlong marine insurance requirements in one policy.

Progressive Levels of Cover

Marine Insurance policy covers all risks included under Institute Cargo Class (A), (B) & (C). The Institute Cargo Class (C) provides limited risk cover as opposed to Institute cargo class (A) that provides maximum risk cover. The clauses for domestic transit are different but capture a similar progression of risk cover.

Why Securenow

  • DEEP PRODUCT KNOWLEDGE

    We have specialized marine underwriters and tie-ups with international experts.

  • COST-EFFECTIVE INSURANCE

    We work with all insurers to get you the best options- both in terms of price and features.
     

  • QUICK TURNAROUND

    Cover notes are issued within hours of request. This ensures that your goods don’t sit idle at any stage.

  • STRONG CLAIM SUPPORT

    We manage all aspects of your claim - from survey appointment to documentation to insurer follow-up.

  • VALUE ADDED SERVICES

    We will advice you on risk management best practices.

  • POLICY ADMINISTRATION SYSTEM (PAM)

    See all your contracts renewal information in one place. Place service requests on PAM.

Downloads

  • proposal form

  • Claim forms

  • Policy wordings

FAQs

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