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Marine Cargo
(Sea, Air & Land)

RISK COVERED:

 

Sea perils

 

Fire & explosions

 

Violent theft

 

Piracy

 

Breakdown due to accidents resulting from nuclear installations

 

Contact with aircraft

 

Earthquakes, volcanic eruptions or lightning Loading accidents

 

Boiler bursting

 

Shaft breakage

 

Negligence of masters /repairers /charterers

In Land Transit

RISK COVERED:

 

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.

 

It is essential to note that inland Transit insurance coverage only includes those goods which are being transported by land, like trucks, cargo vans, trains, etc. It means sea and aerial modes of transports are not covered under the policy. Usually, the policy offers for goods which are being transported domestically.