Marine & Transit Insurance

If you are planning to transport any item that is valuable and you want to be sure it reaches the destination safely. This insurance is ideal for you.
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What is Marine & Transit Insurance?

A marine insurance policy is necessary for all the owners of the ship who use it for commercial or transportation purposes. However, the insurance coverage is not only limited to the sea some plans offer coverage during rail, land, sea, and air transport. Any untoward perils can cause a huge financial loss to the shipment. Keeping the goods insured against any unforeseen incident such as an accident, collision, overturning, etc. during transit means business is secured. There is another important sub-category i.e. Marine Cargo insurance.

Why do you need it?

Whatever be the reason for shipping goods, a marine cargo policy protects the insured goods against material damages. Mentioned below are some of the benefits of buying marine insurance in India:

  1. Comprehensive Coverage: A marine cargo insurance policy offers comprehensive coverage against all the potential marine-related perils that the goods are exposed to while they are in transit.
  2. Easy Customization: The plans can be easily customized and be adjusted to meet certain needs of the customers.
  3. Flexibility: The plans are flexible enough and have a variety of options to cater to the requirements of the insured, considering their budget.
  4. Claim Survey and Settlement Assistance: This insurance policy frees from stress about the claim as the policy offers worldwide claims settlement assistance along with a claim survey.
  5. Extension of Coverage: Under this policy, one has the liberty to enhance the coverage with add on benefits and cover the risk arising due to strikes, riots, etc.

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Trust me when I say this – his service was absolutely out of this world. He took complete ownership, guided me step by step, and ensured everything went through smoothly without me having to chase or worry. In a time of panic, he gave me peace of mind.

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