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Marine Insurance: Safeguard Your Shipping Business

Comprehensive marine insurance for SMEs, covering cargo loss, vessel damage, and third-party liabilities for secure shipping and transport operations.

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What Is Marine Insurance?

Marine Insurance is a specialized SME insurance plan designed for businesses involved in shipping, cargo transport, and marine operations. It protects against risks such as cargo loss or damage, vessel damage, and third-party liabilities, ensuring your business stays operational and resilient.

Cargo ship at port

Why You Need Marine Insurance?

Cargo Protection

Covers loss or damage to goods in transit.

Vessel Damage

Protects against damage to ships or boats.

Liability Coverage

Covers third-party claims and damages.

Freight Loss

Compensates for lost freight revenue.

Peace of Mind

Operate your business worry-free.

What Is Covered / Not Covered

Covered

  • Cargo Loss or Damage
  • Vessel or Boat Damage
  • Third-Party Liability Claims
  • Freight Loss Compensation
  • General Average Contributions

Not Covered

  • Intentional Damage or Negligence
  • Wear and Tear of Vessels
  • Uninsured Perils (e.g., War Risks)
  • Non-Compliance with Regulations
  • Contraband or Illegal Goods

Types of Coverage Available

Cargo Insurance

Covers loss or damage to goods in transit.

Hull Insurance

Protects against vessel damage.

Liability Insurance

Covers third-party claims and damages.

Freight Insurance

Compensates for lost freight revenue.

General Average

Covers shared losses in marine incidents.

Salvage Coverage

Covers costs of salvage operations.

Who Can Buy This Insurance?

Logistics Companies

Businesses handling cargo transport.

Vessel Owners

SMEs owning ships or boats.

Exporters/Importers

Businesses engaged in global trade.

Freight Forwarders

SMEs managing shipping logistics.

Marine Traders

Businesses in marine goods trading.

Warehouse Operators

SMEs with cargo storage operations.

How to Buy / Apply

Step 1: Share Details

Provide business and cargo details.

Step 2: Select Plan

Choose coverage for marine risks.

Step 3: Get Quote

Compare plans and finalize policy.

Step 4: Pay & Receive

Pay online and get policy instantly.

Claim Process

Step 1: Notify Insurer

Inform us about the marine claim.

Step 2: Submit Documents

Provide shipping documents and proofs.

Step 3: Claim Review

Claim assessed by our expert team.

Step 4: Claim Payout

Receive approved claim amount.

Frequently Asked Questions

Is Marine Insurance mandatory?

It’s not mandatory but often required by shipping contracts or trade regulations.

Does it cover international shipping?

Yes, it covers both domestic and international shipping routes.

Can I cover a single shipment?

Yes, single shipment or annual policies are available based on your needs.

Does it cover war risks?

War risks typically require an additional coverage add-on.

What’s the minimum premium?

Premiums vary based on cargo value, routes, and coverage. Get a quote for exact pricing.

Contact & Support

Customer Care

Call us at: +91 8827275975

Email Support

Reach us at: support@apsinsurancevia.com

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