Coverage for accidental loss during transportation, including loss, damage to goods or property, incidental expenses, or incidental liability.
Marine Insurance is a special insurance product designed to protect shippers, shipping companies and stakeholders in the supply chain from losses that occur during the transportation of goods on the ocean or ocean. via maritime means of transport.
1. Loss and Damage to Goods/Property:
This insurance covers loss or damage to goods or property due to incidents occurring during transport. This may include damage caused by collision, environmental damage, or loss due to misplacement.
2. Additional Expenses:
In addition to compensating for the loss of goods, marine insurance can also cover other costs incurred in dealing with the accident or loss, including replacement shipping costs or expenses. Re-order.
3. Incurred Liability:
This insurance also protects shippers and supply chain partners from liability arising from the loss or damage of goods during transit, ensuring that they are not held legally responsible or liable. finances when problems occur.
Marine insurance is an important part of international trade activities, helping to minimize risks and ensure the safety of goods while they are in transit across sea or maritime routes. It plays an important role in maintaining stability and reliability in international trade activities.