Marine Cargo Business is not constrained by borders, and goods are shipped around the world. It is crucial to protect these goods from the various possible mishaps.
Marine Cargo Business is not constrained by borders, and goods are shipped around the world. The transit from its Origin to 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 Fire only risk or named perils:-