SHIPMENT INSURANCE
Marine cargo insurance covers all the risks of transit between origin to the final destination, by any medium road, railway, or sea.
Around 80% of the International trade in goods is carried by sea and the south china sea carries an estimated one-third of the global shipping.
Businesses in China, India, Asia, and the middle east are much dependent on sea transportation because of their territory position.
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Inland delivery also plays a major role in transportation. Many aspects affected goods badly between transportation period and result, goods are broken and damaged.
Transportation by sea is also risky. Bad weather, accidents, and other aspects beyond your control can lead to your goods being damaged or lost, and this leads to massive financial losses.
For the protection of your cargo, the best action to be taken is to take trusted insurance for your goods. So if your goods face any natural or manual casualty, your loss will be minimized and you do your business properly without any Obstruction.
It gives the insurance holder peace of mind by offering benefits like claims control, asset protection, and a general average guarantee.
MARINE CARGO INSURANCE:-
It covers the damage or loss of goods during transportation by sea/air or land.
Marine Cargo Insurance Covered Losses or Damage Caused by:-
Natural disaster as storms and earthquakes
Theft, hijacking
Piracy or violence
Spillage from other containers
Vessel disasters like sinking, stranding, and collision
Vessel disasters like sinking, stranding, and collision
It also covers expenses like forwarding charges, surveys, and reconditioning fees.
Marine Cargo Insurance Covered Losses or Damage Caused by:-
Cargo abandonment
Rejection by customs
Use of Weapons
Inappropriate packaging, negligence, misconduct, and delay
Inherent vice(like iron rusting and food spoiling)
War, strikes, riots, and civil commotions
Failure to pay or bankruptcy of the cargo owner etc.
Getting this service there are multiple ways, and each way has its system and rule.
You can get insurance in China:
From your freight forwarder
From an insurance company
From the carrier
An insurance certificate is a single document that includes the main points of the marine cargo (like:-policy number, period, limit, premium amount, and description of goods) and must be presented during customs clearance.
Why choose us:-
Our insurance policy is comprehensive and flexible.
We are a complete service provider so your packaging, inland delivery, and custom clearance services which are the base of insurance are done before the shipment properly.
Our policy also covers towing, assistance, and delivery in case you find yourself stranded on the board.
We have different types of insurance services according to your needs like freight, hull, liability, marine cargo machinery and P&I insurance, etc.
We ensure the documentation is done properly so you complete the process of taking or claiming insurance quickly and smoothly.
We understand the importance of swift response and efficient service handling claims.
