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Marine Single Transit

Marine Insurance
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What is Marine Single Transit ?

Marine Insurance is a type of insurance that provides coverage against the losses or damages of cargo or goods during transportation between the points of origin to the final destination. Marine insurance policy provides coverage for all means of transportation example road, railway, air, sea, couriers and postal service.

Marine Cargo insurance primarily covers loss during transit caused due to fire, explosion, hijacks, accidents, collisions, and overturning. We offer specially curated plans for covering the risk of theft, malicious damage, shortage, and non-delivery of goods, damages during loading and unloading, and mishandling of goods/cargo. The insured can choose the coverage based on specific business requirements. The policy is available for a variety of cargo/goods if you are dealing in or manufacturing them.

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Who needs Marine Insurance?

As a businessperson your goods are of immense value to you. It’s your source of revenue. Insuring your goods against any untoward incident, while they are being transported, means securing your own future & business.
If you’re an individual and making a move due to personal or professional reasons, you’re likely to be worried about a lot of things already.
Your household items no doubt have memories attached to them and you have painstakingly collected each thing as you’ve moved ahead in life. Knowing that all your stuff is safe means you can breathe easy about this one thing at least.

Why should you buy Marine Insurance?
As a businessperson your goods are of immense value to you. It’s your source of revenue. Insuring your goods against any untoward incident, while they are being transported, means securing your own future & business.
If you’re an individual and making a move due to personal or professional reasons, you’re likely to be worried about a lot of things already.
Your household items no doubt have memories attached to them and you have painstakingly collected each thing as you’ve moved ahead in life. Knowing that all your stuff is safe means you can breathe easy about this one thing at least.

What is covered in Marine Insurance?

All the modes of transportation namely, air, water, rail & road are covered under this policy. Goods being transported via courier services are also insured.
Your goods in transit will be protected against vehicle collision, overturning, derailment, or accidents happening anywhere from the source to destination. This coverage can also be extended to loss or damage of goods due to theft, strike, riots, terrorism, and other hostile acts by human by opting for appropriate coverage as per one’s needs.

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