Marine Insurance (Transport)

Marine Insurance (Transport)

Cargo: If you send goods by ship, plane or vehicle the cargo can be damaged in transit and Cargo insurance can cover loss of or damage to such goods in transit.It can also extend to resulting loss of profits This applies to imports, exports and domestic carriage of all types of goods.

 

Vessels: Ocean going ships, barges, and oil rigs can all be insured. The coverage is global and is for full the value of the assets, including mortgages and loans

 

Marine Liability: Know as Protection and Indemnity (P&I) provides protection against your legal liability.