Marine Insurance

We have a well-diversified marine portfolio serviced by a customer-focused team of professionals. Our Marine Dept. is well equipped not only to provide you with appropriate coverage at the most reasonable price but also valuable tips on risk management.

Marine Cargo

Movement of all kinds of goods irrespective of their mode of conveyance, i.e. Sea / Land / Air. Depending on frequency and turnover, coverage can be procured either for individual shipment or on annual basis. The facility is available to protect Sellers / Buyers interests on a contingency basis as well.
Marine Cargo Insurance depends on various factors such as nature of the cargo, mode of packing, longevity of voyage, mode of shipment, etc.
the Risks which can be covered in Marine Cargo ?

• Fire or explosion
• Vessel or craft being stranded, grounded, sunk or capsized.
• Overturning, derailment ( of land conveyance)
• Collision
• Discharge of cargo at port of distress
• Jettison
• General average sacrifice, salvage charges
• Earthquake, lightning
• Washing overboard
• Entry of Sea, lake, river water
• Total loss of package lost overboard or dropped in loading or unloading
• War and SRCC is specifically covered, if required .

Marine Hull  

Cargo vessels of all descriptions, tugs, supply vessels, dredgers etc., whether operating in blue waters or in relatively protected inland/coastal waters. We also cover yacht/pleasure craft together with third party liabilities, if required
the risks that can be covered in Marine Hull ?

• Perils of the seas, rivers, lakes or other navigable waters.
• Fire or explosion
• Piracy.
• Jettison
• General average sacrifice, salvage charges
• Earthquake, volcanic eruption or lightning
• War and SRCC is specifically covered

Marine Liabilities (Liabilities related to various marine operations, primarily):

• Ship Repairer's Liability
• Charterer's Liability
• Freight Forwarder's Liability
• Haulier's Liability
• Terminal Operator's Liability
• Protection and Indemnity Liability