What is Marine Cargo Insurance?
Marine Cargo Insurance provides financial protection for goods in transit—whether by sea, air, or land—against risks such as damage, loss, theft, or delays. Whether you're an importer, exporter, or logistics provider, this policy ensures that your cargo is covered from the moment it leaves its origin until it reaches its final destination.
Why Do You Need Marine Cargo Insurance?
- ✅ Covers Loss & Damage – Protection against theft, fire, collision, and natural disasters.
- ✅ Worldwide Coverage – Secure your shipments across domestic and international routes.
- ✅ Reduces Financial Risk – Avoid significant losses due to unforeseen shipping incidents.
- ✅ Customizable Coverage – Policies tailored to specific cargo types and transport methods.
- ✅ Compliance & Peace of Mind – Many international trade agreements require cargo insurance.
What Does It Cover?
- ✔ Total Loss – Compensation if the cargo is completely lost due to sinking, fire, or collision.
- ✔ Partial Loss or Damage – Covers repairs or partial loss due to accidents, handling errors, or weather conditions.
- ✔ Theft & Piracy – Financial protection against stolen or hijacked shipments.
- ✔ Theft & Vandalism – Reimbursement for stolen or damaged belongings.
- ✔ General Average – Covers shared losses if cargo is intentionally sacrificed to save the vessel.
- ✔ Delay Losses (Optional) – Compensation for financial losses due to shipment delays.
What’s Not Covered?
- ❌ Losses due to improper packaging or inherent cargo defects.
- ❌ Delays not explicitly covered in the policy.
- ❌ Damage due to negligence or non-compliance with shipping regulations.
- ❌ War, strikes, and acts of terrorism (unless specifically covered).
Types of Marine Cargo Insurance Available:
- 🔹Single Shipment Policy – Ideal for one-time shipments.
- 🔹Open Cover Policy – Continuous coverage for businesses with regular shipments.
- 🔹All-Risk Policy – Comprehensive protection for various risks during transit.
- 🔹Named Perils Policy – Covers only specified risks (e.g., fire, collision, sinking).
Why Choose InsureOnGo.com?
- 🚀 Compare & Save – Get quotes from top insurers instantly.
- 🛠 Hassle-Free Process – Quick online purchase with minimal paperwork.
- 💳 Easy Payments – Multiple payment options for seamless transactions.
- 📜 Instant Policy Issuance – Download your policy instantly after payment.
Get Covered in 3 Simple Steps!
- 1️⃣ Provide Cargo & Transit Details – Enter shipment specifics.
- 2️⃣ Compare & Select a Plan – Find the best policy for your need at the best price.
- 3️⃣ Buy & Download – Pay securely and get your policy instantly!