Insurance Solutions

Marine & Cargo

Safeguards shipments by sea, land, or air against the risk of damage or loss.

Marine & Cargo Insurance protects goods being shipped from origin to destination — by sea, land, or air — against loss or damage in transit.

Good to know

A claim typically needs the shipping documents (bill of lading, invoice, packing list) and a damage or shortage report from the carrier. Exact scope follows the policy terms selected.

Discuss This Coverage

Modes of transport covered

Sea/marine cargo
Air cargo
Land transit

Typical coverage tiers (sea cargo)

ICC "C" — named perils such as fire, explosion, stranding, sinking, capsizing, and general average sacrifice
ICC "B" — everything in "C", plus earthquake, lightning, water damage, and loading/unloading damage
ICC "A" — the broadest cover, all risks of loss except specific policy exclusions (e.g. inherent vice, normal wear and tear, wilful misconduct)

Land transit tiers

Cover "A" — fire, flood, overturning or skidding, collision, and ferry-crossing loss
Cover "B" — all risks during land transit