Cargo, ships and aircraft
Marine Cargo Insurance
Protects domestic, export and import shipments against loss or damage in transit.
Cargo insurance covers loss of or damage to your goods while carried by road, sea, air or rail. The scope of cover is defined by the Institute Cargo Clauses (ICC A, B, C). For companies shipping regularly, an annual open cover reduces cost and removes the need to arrange a policy for every shipment.
Who is it for?
- Exporters and importers
- Manufacturers and distributors with regular domestic shipments
- Project cargo shippers
What does it cover?
- ICC (A): all risks, subject to exclusions
- ICC (B) and (C): named perils
- War and strikes covers
- Loading, unloading and transhipment risks
- Annual open cover
Scope and exclusions vary by insurer and programme. With every quote we summarise the policy wording in plain language.
What drives the price?
- Type of goods and packing
- Route and mode of transport
- Annual shipment volume
- Selected clauses and deductible
Frequently asked questions
Do my Incoterms affect the insurance?
Yes. Terms such as FOB, CIF or EXW determine who bears the risk and who must insure it.
Isn’t the carrier’s insurance enough?
The carrier’s liability is limited by law and often does not cover the value of the goods. Your own cargo policy protects that value.