Your cargo is exposed to a wide range of risks whilst in transit. Accidents, damage by water or fire, improper stowage by the carrier and theft or pilferage are all potential risks to your cargo. Marine insurance covers the losses or damages caused to ships, terminals and any transport or cargo by which goods are transferred, acquired, or held between different points of origin and final destination.
Sanima Marine Insurance policy offers complete insurance coverage for your goods while in transit. Marine insurance is a haven for transporters and shipping corporations because it helps to lower the aspect of financial loss due to cargo loss. It covers transit by any modes of transit like, sea transit, inland waterways, land transit by road/rail vehicle and transit by air. The scope of cover depends upon the type of clauses attached with the policy. Mainly these clauses can be grouped under three categories:
- For Cargo Shipment
- For Inland Dispatches
- Claims against Carriers