Marine insurance protects against the loss or damage of cargo or items while they are being transported from their points of origin to their final destination. All forms of transportation, such as road, rail, air, sea, couriers, and postal service, are covered by marine insurance policies.
Marine Insurance covers transportation losses brought on by fire, explosion, hijacking, accidents, collisions, and overturning.
Protects the transported goods from risk of theft, malicious damage, shortages and non-delivery of goods, damages during loading and unloading, and improper handling of goods/cargo.
The coverage can be chosen by the insured based on their particular business needs.
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