Marine insurance is essential for any company or individual involved in marine operations, including shipping companies, cargo owners, freight forwarders, and other parties. It provides financial protection against the many risks associated with marine operations and helps ensure that businesses can continue to operate even in the event of unexpected losses or damages, below are some polices we provide.
- Marine Cargo Insurance: This Policy insures imports and exports against all risks oragainst selected perils encountered during the transit by Sea or by Air. The nature of the consignment determines which cargo insurance is suggested to the prospect.
- Marine Hull Insurance: Under this policy, the Hull and Machinery of vessels are insured against total loss or for partial loss where repairs of Hull and Machinery are paid for.
- Stevedore and Shore handling
This policy covers the legal liability of the Assured for loss/damage to property or loss of life or personal injury incurred during their operations. The insurance also indemnifies the Assured against any law costs and expenses of defence.
- Plant and Equipment: This Policy covers the Plant and Machinery of the Stevedore and Shore handling Company against all risks of physical loss or damage.