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Marine Insurance

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Minimize Shipping Risks with the Right Marine Insurance

Marine insurance is essential for protecting ships, cargo, and freight from the many risks involved in water transport. Whether you’re a business owner importing goods or a shipping company managing fleets, this insurance provides financial security against unexpected events like damage, theft, loss, or delays caused by accidents or harsh weather conditions.

Transporting goods over water comes with uncertainties such as storms, piracy, and handling mistakes that can threaten your shipments. Without proper coverage, these risks can lead to costly losses and business interruptions.

Choosing the right marine insurance plan tailored to your needs ensures that your ships and cargo are protected throughout their journey. With reliable coverage, you can reduce financial risks and operate with confidence, knowing your investments are safe no matter what challenges arise at sea.

Risk Cover ICC (A) ICC (B) ICC (C)
Fire or Explosion Covered Covered Covered
Standing, Grounding, Sinking or Capsizing Covered Covered Covered
Overturning or Derailment of Land Conveyance Covered Covered Covered
Collision with External Object Covered Covered Covered
Discharge of Cargo at Port of Distress Covered Covered Covered
General Average Covered Covered Covered
Jettison Covered Covered Covered
Salvage Charges Covered Covered Covered
Earthquake, Volcanic Eruption or Lightning Covered Covered
Washing Overboard Covered Covered
Entry of Sea, Lake or River Water Covered Covered
Total Loss During Loading/Unloading Covered Covered
Non-Delivery Covered
Theft & Pilferage Covered
Hooks, Holing, Bursting or Tearing Covered
Leakage Covered
Loss of Contents due to Containers Covered
Rain Water Covered
Extraneous Substance Covered
Heating Covered
Breakage, Splitting or Scratching Covered
Rust, Oxidation or Discoloration Covered
Sweating Covered
Contamination Covered

Coverage Policy

Our motor insurance is designed to give you complete peace of mind by protecting you and your vehicle from a wide range of risks and uncertainties. Here's what we cover:
What does Marine Insurance include?
Cargo (goods in transit), Hull (ship damage). Covers sinking, collision, theft.
Voyage (one trip) or Open (annual). ICC Clauses A/B/C.

Exporters, importers, shipping firms, traders.

Delay, leakage, war (add war clause for cover).

Cargo value + route + packing (0.2%–1%).

Submit Bill of Lading + survey report

Settlement in 20–30 days.

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