Marine Cargo Insurance

Our Marine division operating through our binders at Lloyd’s, provides the full Spectrum of Services to both our retail and wholesale clients. Marine policies can cover goods, freight and other interest against loss or damage to goods whilst being transported by rail, road, sea and air.

Overview

Different clauses are available depending on the type of Coverage required ranging from ALL RISKS cover to a restricted Total loss only cover.

Transportation of goods is classified into three categories.

1. Inland Transport

2. Import

3. Export

Various policies can be offered as follows:

Specific Voyage – to Cover goods for only a specific single trip. The cover ends when goods reach their destination.  Ideal for an individual looking to cover their own shipment.

Open Cover Policy – An open cover policy is an agreement whereby the insurer will accept insurance of all shipments made by the assured, within the terms of the cover for a fixed period. As the above is not a policy Certificates of Insurance are issued against the declaration made by the assured.

The open cover is of great convenience to our business clients engaged in regular import/export trade.

Who Can Take The Policy?

Are you an individual shipping goods to or from Cyprus? Does the import agent you use have insurance to cover you?

If not then contact us for a quote.

Let us know where you are shipping from and too.

The value of your goods being shipped.

For a standard shipment of household goods that is all we need to start, if you are shipping anything specialised or high value we will need more information. Ie a shipment of mirrors or high value porcelain.

How to claim

When there is a claim you should take pictures of any damage and inform us immediately:

Quick Quote

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