Marine

—  Marine Insurance(Import/Export/Inter Island)

Provides compensation to the Insured for all risks that may arise when transporting goods at sea.

Insurance includes:

• Loss or damage to the insured object.
• General average and rescue costs.
• Boat collision in which both are guilty.

Insurance excludes:

• Damage or expense due to mistakes made intentionally by the Insured.
• Damage or expense due to personal error or the nature of the insured object.
• Damage or expense due to the financial failure of the owner or operator of the ship.
• Damage or expense due to direct or indirect mistakes in the use of weapons or war equipment.
• Imperfections of containers or conveyances for the transportation of insured objects.

Who needs this insurance?

• Trading companies
• Construction companies
• Manufacture companies
• Other companies that need freightage