Marine Insurance
Delivering Comprehensive
Ocean Protection.
Marine Insurance
Marine insurance safeguards against the loss or damage of ships, cargo, terminals, or any form of transport, as well as the goods transported, received, or held between points of origin and destination.
Types of Marine Cover
Import: Covers transportation from anywhere globally to any location in India.
Export: Covers transportation from any location in India to anywhere worldwide.
Inland: Covers transportation within India.
Types of Policies
Open Policy: Covers multiple transits throughout the year with fixed sums insured, per-shipment limits, and per-location limits.
Specific Policy: Covers a single, specific transit.
Types of Coverage
ITC – A & ICC – A: Comprehensive coverage including theft and pilferage, excluding rainwater damage.
ITC – B & ICC – B: Covers accidental damages only, excluding theft, pilferage, and rainwater damage.
(ITC: Inland Transit Clauses)
(ICC: International Cargo Clauses)
Benefits of Marine Insurance
Covers loss or damage due to fire, explosion, sinking, or stranding.
Includes collision, derailment, or overturning of land conveyances.
Provides coverage if cargo is discharged due to port disturbance or distress.
Covers damages caused by seawater to loaded materials on cargo or ship.
Provides coverage for total loss of packages lost overboard or during loading/unloading.
Covers jettison, the intentional throwing of onboard materials or ship parts to save the vessel.
*Disclaimer
The details of insurance coverage, inclusions, and exclusions are subject to change as per solutions offered by insurance providers. The content has been curated based on the general practices in the industry. SecureEzy is not responsible for the factual correctness of these details.
**Disclaimer: **Savings of 42% are based on the comparison between the highest and lowest premiums for a Rs 50 lakh sum insured under Inland Transit Clause B or Institute Cargo Clause B for single transit cover of auto spare parts with shipment type of Inland (Domestic) and road as mode of transport.
+Disclaimer: *Rs. 591 per transit is the starting price for 10 lakh Sum Insured under Inland Transit Clause B or Institute Cargo Clause B. The price of the premium may vary depending on the mode of transport, commodity, and type of packaging. STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
STANDARD TERMS AND CONDITIONS APPLY.
For more details on risk factors, terms, and conditions, please carefully review the sales brochure and benefit illustration before making a decision.
EZY WISE SERVICES INSURANCE BROKERS PRIVATE LIMITED | CIN No. U66220CH2023PTC044944 | License Category: Direct (Life & General) | Registered Office – SCO-10,11,12, Ground Floor, SECTOR-17B, Chandigarh-160017 | Registration No. 928 VALID FROM 03-JAN-2023 Το 02-JAN-2027 | Website: www.secureezy.com Email: Info@secureezy.com
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