Marine Cargo & Goods in Transit
Marine Cargo and Goods in Transit covers losses arriving from physical damage to goods transported by road, rail, sea or air. It may be required by either buyer or seller of goods or raw materials, buying agents or import/export merchants.
With over £59bn worth of goods imported in and exported out of the UK every year, the risks are wide-ranging – loss or damage from accidents on board, breakages, theft, wet damage and hijack – all of which can result in a financial loss for a company if the goods are not adequately insured. As well as during transportation, Marine Cargo also covers the goods during loading and unloading, and while in storage.
Marine Cargo and Goods in Transit can be stand-alone policies, or combined with some other Commercial policies to ensure thorough coverage.
Our team is on hand to guide you through this complex subject. We work with the very best insurers to ensure you have adequate cover and assistance with claims when a loss occurs.