MARINE CARGO INSURANCE
This involves damage to goods imported by sea. Marine Cargo insurance can be provided on an Open cover basis whereby the insurance cover is issued with known terms and conditions while items imported are declared by issuance of certificates.
Marine cargo Insurance Scope of Cover?
The Comprehensive marine cargo insurance cover (clauses ‘A’) provides cover for loss or damage to the Insured’s property as a result of the following:
Marine cargo clause C
This cover provides the least coverage within the marine insurance cover. The clause does not cover claims for partial losses whatsoever, as it covers goods to be carried on total loss basis only.
Marine hull insurance
This provides cover for loss or damage to the Insured ship and her equipment as a result of the following: