Marine Insurance

Covers against the loss or damage to property occurring during the voyage or 11 marine adventure at sea or on an inland waterway or during delay incident hereto, or during transit, or otherwise by water, incident to such voyage or marine adventure. It also covers liability arising out of bodily injury to or the death of a person or loss damage to property.

• Marine Cargo: Is designed to protect the cargo or goods being transported by sea or on inland waterways. It provides coverage for the loss or damage of these goods during transit. Marine cargo insurance is crucial for businesses involved in international trade, ensuring that their shipments are financially protected in case of unforeseen events like accidents, natural disasters, or theft.
• Inland Marine: Extends coverage beyond the open sea. It's designed to protect property, equipment, and goods while they are in transit on land or in storage. This type of insurance is versatile and can cover a wide range of situations, such as goods in transit by truck, valuable equipment on construction sites, or artwork in a museum. Inland marine insurance provides protection for property that is not stationary and is typically not covered by standard property insurance policies.
• Marine Hull: Is specifically focused on the vessels themselves, including ships, boats, and other watercraft. It provides coverage for physical damage to the hull and machinery of the vessel. This insurance is vital for shipowners and operators, as it safeguards their investment in the vessel. It can also include coverage for liabilities related to the vessel's operation.