Get a Quotation
Please provide the following documents to get a quotation:
- Completed Brokerage of Record filled, signed and stamped
- Copy of Commercial Registration
- A completely filled Proposal Form, signed and stamped
- Loss record for the past three years
This policy protects your goods and freight against loss or damage while being transported by means of land, air, or sea. Several policies are available to protect your goods throughout their journey and have them delivered safely. Policies range from an 'ALL RISK' cover to a restricted 'FIRE RISK ONLY' cover.
Risks Covered
Institute Cargo Clauses A (ICC A)
- Theft, pilferage and non-delivery
- Rough handling
- Piracy
- Perils covered under ICC B & ICC C
Institute Cargo Clauses B (ICC B)
- Washing overboard. Entry of sea, lake or river water into vessel, craft, hold, conveyance, container, lift van or place of storage
- Earthquakes, volcanic eruptions & lightning
- Loss of package dropped overboard while loading / unloading from vessel / craft
- Perils covered under ICC C
Institute Cargo Clauses C (ICC C)
- Fire & explosions
- Vessel/craft being stranded, grounded, sunk or capsized
- Overturning or derailment
- Collision or contact of vessel / craft
Extensions
- SRCC - Strike, riots and civil commotion (including terrorist acts)
- FOB - Where the inland transit is required to be extended to cover goods till they are loaded on board the vessel
Export /Import policies can be extended to cover War and /or SRCC perils on payment of an additional premium.
Exclusions
- Willful misconduct of the insured
- Ordinary leakage, loss in weight, wear and tear
- Insufficient or unsuitable packing
- Inherent vice or nature of subject-matter insured
- Unseaworthiness of vessel
- Delay, even if caused by a risk insured against
- Insolvency or financial default of carrier
- Deliberate damage or destruction of the subject-matter insured
- Use of nuclear weapons
- War and Strikes
- Terrorism
- Radioactive contamination, chemical, biological, bio-chemical and electromagnetic weapons
- Nuclear energy risks
- Seepage and pollution