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Marine Cargo Insurance Policy

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Marine Cargo Insurance Policy

Benefits

Reliance Marine Cargo Insurance Policy

​​​​​Marine Cargo Business is not constrained by borders, and goods are shipped around the world. The transit from its Originto Destination, is exposed to various risks. The domestic movement or importing and exporting of goods can expose you (Seller/Consignor) or (Buyer/Consignee) to massive financial losses in case shipments gets damage in transit or lost. It is crucial to protect these goods from the various possible mishaps, enabling you to run you trade/business smoothly.

Domestic shipment is transportation of cargo between two places or states within the country.

Specific Policy: Covers the single specific shipment only during the policy period.​

What peril does the policy cover?

Based on the type of cover selected, it covers “All Risk” to “Fire only” risk or named perils:-

Risk​​Inland Transit Clause ​ ​
Loss ​or Damage arising out of following
(​​Proximate Cause)

​A​​
(All Risk Cover)​

​B
(Named Peril)

​​Fire✔​
Lightening
​Breakage of Bridges​
Collision with or by the carrying vehicle
​Overturning of the carrying vehicle
Derailment or accidents of like nature to the carrying railway wagon / vehicle


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Benefits