Marine insurance provides coverage against any Accidential loss/damage to goods during transit. The transit mode can be – road, rail, air and water. This insurance is primarily based on nature of goods, packing and mode of transport. It helps business community to transact worldwide markets with their products and assures safety of value against loss/damages.
You can have variety of policies to suit your business requirements such as specific transit, Open, Special Declaration policies and Open cover.
Marine insurance can be taken by the seller or buyer of the goods. For the inland transit i.e. within the territorial limits of India we have policies of ITC A , B, and C which refers to maximum/limited risks incidental to transport.
As regards export/import business, you can choose ICC A, B or C coverage’s with extension of FOB/FOR (Free on Board/Free on Rail) etc., To have a suitable marine policy please get in touch with our experts
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Apex Insurance Broking Services Private Limited,Jubilee Hills, Hyderabad Telangana India.
Phone No:(+91) 4065413456
Office No. 320,B Wing Sai Chambers,Plot No. 44,Sector 11,CBD Belapur,Navi Mumbai 400614
Phone No: 022 49746377