Our specific transit insurance protects cargo from any physical loss or damage. We arrange insurance for a wide set of risks as per internationally recognized institute cargo clauses A, B and C; while in transit via sea, rail, road or air.
Specific transit insurance are specifically made for business owners that send out cargo items occasionally. It provide coverage for a single voyage. The cover ceases once the cargo arrives at its destination.
A single marine policy will be designed based on the kind of goods, sending limits for each transaction, per location limits required, transport mode, location or any other specific needs.
The policy is issued fast. It can be issued online for immediate coverage. Premium can be paid through Netbanking or NEFT. Online policy can be issued for immediate coverage. The insurances soft copy is accepted as evidence of transit insurance.
As the name itself says, a specific voyage insurance policy covers a specific single transit only. It offers coverage to goods, freights and other interests against various losses or damages, like fire, collision, earthquake, lightning, etc.; when these goods are being transported by rail, road and/or air. Specific voyage insurance policy...
The specific transit insurance policy offers coverage for cargo or goods carried through various modes of transport. This insurance policy offers protection to any consignment for one trip. This means that the protection ceases for this transit insurance policy as soon as the cargo reaches its destination...
A constructive total loss in marine cargo insurance means that the cost of repair of a damaged item is more than the current value of the item. The insurer settles the insured the entire amount on the basis of the fact that the repairing cost exceeds the replacement or market value. Often a loss equal to 50% or 60% of the stated value...
We have specialized underwriters and tie-ups with international experts.
We work with all insurers to get you the best options- both in terms of price and features.
Cover notes are issued within hours of request. This documentation is sufficient for any contractual requirement.
We manage all aspects of your claim - from survey appointment to documentation to insurer follow-up.
We will advice you on risk management best practices.
See all your contracts and renewal information. Place service requests on PAM.