We help in finalizing the Best of insurance covers for minimum premium. We also help Insurers for better understanding of risks and negotiate for better terms. Below given are some of the most commonly sought after policies in respect of Property insurances

The export import policy provides the international covers defined under Institute Cargo Clauses (ICC). The covers called ICC (A), ICC (B) and ICC (C) clauses cover different levels of risks and are universally understood. The insurance plan covers Perils like fire, lightning, stranding, grounding, sinking or capsizing of vessel, earthquake and many more, under these clauses. Maritime, Extraneous and Strike perils can also be covered under the export import insurance policy. The export import insurance goes by internationally accepted practices of total and average loss while estimating the loss value. The total loss can arise when the subject matter is destroyed or lost forever or the damage is so extensive that it is uneconomical to repair the same. Average loss occurs when a part of the subject matter is damaged. You can opt between different export import policies like specific, open and duty policy according to your requirement. The specific policy is issued for a specific transit and the insurance expires once the transit is over. Open Policy covers all the shipments over a period. Duty policy covers custom duty incurred in case of import. Sales Turnover insurance provide an umbrella cover within a specific sales turnover limit. The export import insurance policies are easy to administer and covers raw material and finished goods

Marine Insurance

We assist you in determining the best insurance coverage for the lowest possible rate. We also assist insurers in gaining a better knowledge of risks and negotiating for more favorable conditions. The policies listed below are some of the most often requested plans in the field of Marine insurances.

Export and Import

This inland maritime insurance coverage covers consignments for a year. This insurance is ideal for businesses that trade often throughout the year. Protects against various losses:

Goods total loss
Goods partial loss
Expenses incurred when traveling.
Insurance is adaptable. The policies are:
- All Risk Cover – covers all hazards and damages to items.
- Limited Extension cover provides coverage for the danger of a strike, violence, and civil unrest.
- Only basic risk cover, such as fire or lightning.
- The insurers allow a profit element in the amount covered. This is called a markup in Marine Insurance.

Inland

This inland maritime insurance coverage covers consignments for a year. This insurance is ideal for businesses that trade often throughout the year. Protects against various losses:

Goods total loss
Goods partial loss
Expenses incurred when traveling.
Insurance is adaptable. The policies are:
- All Risk Cover – covers all hazards and damages to items.
- Limited Extension cover provides coverage for the danger of a strike, violence, and civil unrest.
- Only basic risk cover, such as fire or lightning.
- The insurers allow a profit element in the amount covered. This is called a markup in Marine Insurance.

Merine Hull

Boat, equipment, engine, and mechanical damage are covered by marine hull insurance. With an extra premium, you can cover terrorism, business disruption, third-party liability, and other risks. The marine hull insurance can be tailored. It can apply to ships on the high seas, rivers, or ports. A dry dock expansion is also conceivable.

The marine hull insurance coverage can cover inland boats. Fire, explosion, collision, piracy, and lifting, removal, or destruction of wrecks are all covered.

Ocean-going ships, coastal and inland boats, port crafts and sailing vessels are all covered by marine hull insurance. The breadth of cover covers Hull and Machinery, Floating Dry Docks, Shipbuilding and Shipbreaking Risk, Freight, and Protection and Indemnity (P & I) liabilities.

A marine hull insurance claim settlement is detailed. Documentation must be precise. Any claim delay can be escalated to us using our mobile app or phone number. We will guarantee that the claim paperwork is comprehensive, and the procedure is smooth.

Specific Transits

This policy covers just one journey. Coverage ends when the shipment reaches its destination. The plan is appropriate for businesses that only deliver goods occasionally.

It is freely assignable insurance that offers coverage ranging from All Risks with ITC-A clauses to Fire Risk Only with ITC-C clauses. You can handle FOB (Free on Board), C&F (Cost and Freight), and CIF contracts (Cost, Insurance and Freight). By contrast, the seller is liable for insurance when selling FOB or C&F.

It covers physical loss and damage to goods while being transported by sea, rail, road, or air under globally accepted Institute Clauses A, B, and C.

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