Marine cargo insurance
The policy covers the loss of, or damage to, goods at sea/ air/ land. Marine insurance typically compensates the owner of merchandise for losses endured in excess of those which can be legally recovered from the carrier that are ensued from fire, piracy and various other causes.
Land transit insurance
The policy covers the losses occurring to the goods during transport by road owing to an accident covered by the insurance and resulting in overturning, fire or collision of a vehicle with a carrier, leading to damage of the cargo loaded on the goods-carrying vehicle.
The open cover policy
This policy provides the insured coverage for all cargos within the scope of the contract. Each cargo and its details shall be notified to the insurance company in declaration form. The company shall issue a certificate of insurance for shipments.
