Marine Insurance

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As goods move across seas, land or international borders, keeping them protected becomes both increasingly important and ever more difficult. Risks of theft or damage to goods in transit continues to rise, and our deep industry knowledge allow us to create cutting-edge marine solutions.

Marine insurance encompasses the safe transport of goods in all its forms, whether port to port, warehouse to warehouse or from raw material to delivered product. We have the resources and experience to help clients better understand their exposures and tailor-make marine insurance solutions to meet their specific needs.

Typical Covers Provided

Goods in Transit

This policy will provide cover for stocks whilst being transported by road within the stated geographical area. Cover can be obtained either on an All Risk basis or on a more restricted basis. The restricted basis will cover damage to the cargo following Fire, Explosion or accidental collision, overturning of the carrying vehicle.

Marine Cargo Insurance

Companies responsible for the transport of goods, whether internationally or domestically, require insurance to cover them for loss or damage whilst in transit. This policy will provide cover for all Import / Export shipments on an All Risks basis as per Institute Cargo Clause (A) or a more restrictive cover under Institute Cargo Clause (B) and Institute Cargo Clause (C). Cargo Insurance will cover loss or damage of your goods transited by air, sea or road.

Marine Hull insurance

Marine Hull insurance provides coverage for the physical integrity of a ship. This policy will cover the vessel, including hull, machinery and equipment against loss or damage from specified perils. Liability can also be covered upto certain limits under this policy

Marine Liability Insurance

A wide range of products for the people who support the marine industry through the successful transport, logistics, handling and storage of goods.

We can tailor insurance solutions that suits your business requirements, so if things do go wrong you’ll be well-placed to minimize the financial impact and get back to business asap. Contact us today for free quotes, from a panel of insurance providers, and to find out more about how to protect your property and assets.

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Frequently Asked Questions (FAQs)

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Why use an insurance broker like Edge?

Your business insurance needs will depend on several factors and understanding it all can be complex and time consuming. One thing you can’t afford is to put your business at risk by choosing the wrong type of insurance. A professional Insurance Broker like Edge has the knowledge and expertise to identify what the most appropriate cover is for your needs and will take the time to explore and explain your options to you. Not only do we ease the stress and deliver peace of mind, but we find you the most appropriate cover at the right price. We provide guidance when you need it and we accurately present your risk, understand your needs, as well as study the market, the covers available, the differences between the insurance providers, and what the implications of those differences are for you. We also deal with your claims on your behalf.

What does warehouse to warehouse mean?

Coverage begins when transit begins and terminates when the cargo is delivered to the final destination.

What is an “Open” marine cargo policy?

An “Open” marine cargo policy is designed for frequent shippers. The contract will cover all transits that come within the scope of the insurance.

What coverage does your business need?

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