Global Insurance Solutions

Marine & Cargo

// What is

Marine transit insurance?

If your business takes you across the seas, you can be exposed to risks from mother nature, misadventure and even piracy.

Such risks can prevent your commercial vessel, cargo or truck from reaching its destination, or cause costly damage during the voyage.

Marine transit insurance refers to a range of insurance products which help protect your business from loss or damage to vessels and cargo. It can cover the door to door delivery of goods worldwide, by sea, road, rail and air – including their storage on the way.

// Who should

Consider insurance?

Marine transit insurance is important for businesses involved in shipping or receiving goods, operating watercraft commercially, repairing vessels, running a marina and more.

Marine insurance can provide valuable cover on both land and sea for:

Freight forwarders

Primary producers

What can it cover?

There are different types of marine-related insurance policies – the type you choose will vary based on your specific needs. Depending on the type of policy you choose, marine insurance policies can cover:

Accidental damage

Physical damage that occurs as a result of an unexpected and non-deliberate external action.

Insured events

Only the events nominated by the insurer. These are commonly known as fire, collision and/or overturning covers, although there are normally more events offered than these.


Damage caused due to the collision of the carrying vehicle, vessel, train, aeroplane. It may be a collision between two conveyances or it might involve the conveyance hitting another object such as a bridge, wall, tree etc.

Dropping during loading and unloading

Dropping during loading or unloading if this is not an excluded event specified under a specified risks policy.

Fire, explosion, lightning

While fire is a common event covered by all transit policies, cover for explosion and lightning may or may not be granted.

Impact of goods with external objects other than the conveying vehicle or road

Full impact cover can be provided, including goods falling from and within the vehicle.

Malicious damage

Malicious acts, vandalism and sabotage by third parties.

// Quote

All of the coverage, without the worry

Talk to us today to discuss your business insurance requirements, We offer straightforward advice that will result in peace of mind for you, and a business insurance package that keeps your business covered from all angles. Get in touch by calling