Marine Insurance
Manashree Insurance Brokers
Marine Insurance
Marine Insurance protect against the loss or damage of cargo, ships, terminals and means of transporting them. It covers damage that occurs during transit by Land, Air, Sea.
Add Ons
- SRCC stands for Strikes, Riots, and Civil Commotion, and it's a clause in marine insurance
- WAR
Exclusions
- Willful misconduct of insured
- Ordinary leakage, ordinary loss in weight or volume and ordinary wear and tear.
- Insufficiency or unsuitability of packing or preparation of the subject matter insured.
- Inherent vice or nature of the subject matter insured
- Delay
- Insolvency
- Unseaworthiness and unfitness of vessel craft conveyance, containers etc.
- War/strike