OFFERING A COMPREHENSIVE
"ALL RISKS" INSURANCE PROTECTION FOR
TRANSPORTATION SUPPLY-CHAIN
TRANSPORTATION RISKS INSURED
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Fire or explosion
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Stranding, grounding, sinking or capsizing of vessel or craft
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Overturning or derailment of land conveyance
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Collision or contact of vessel, craft or conveyance with any external object other than water
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Discharge of cargo at port of distress
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Earthquake, tsunami, volcanic eruption or lightning
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General Average (GA) sacrifice
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Jettison or washing overboard
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Entry of sea, lake, or river water into vessel, craft, hold, conveyance, container or place of storage
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Total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft.
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Theft, pilferage, hijack, non-delivery, short-delivery of cargo
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Transit stress resulting in physical loss/damage to cargo
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Malicious acts of third persons
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General Average and Salvage Charges
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Liability under Both to Blame Collision Clause (BTBCC) in the contract of carriage - Bill of Lading.
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War, civil war, revolution, rebellion, insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power
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Capture, seizure, arrest, restraint or detainment arising from above.
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Derelict mines, torpedoes, bombs or other derelict weapons of war.
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Strikes, locked-out workmen, or persons taking part in labour disturbances, riots or civil commotions
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Any act of terrorism
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Any person acting from a political, ideological or religious motive.
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All risks of accidental physical loss or damage to cargo caused by any transit perils other than specifically excluded.
SPECIAL COVERAGE EXTENSIONS
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Breakdown of refrigerating machinery resulting affecting quality of the cargo (for chilled and/or frozen products).
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Negligence, omission, error &/or willful misconduct of third party logistics and/or transporters and/or carriers in handling, stowage and/or transportation of cargo.
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Insolvency and/or financial default of the owner, managers, charterers or operators of the vessel as per Institute Clauses.
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Insufficiency or unsuitability of packing or preparation of the subject matter insured for products packed as per original manufacturer’s international packaging standards.
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Loss/damage to cargo during loading/off-loading
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Spontaneous combustion
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Brand protection clause
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Debris removal
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Seller’s / Buyer’s Contingency Risks Cover
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Door-to-door cover irrespective of INCOTERMS
STORAGE RISKS INSURED : STOCK THROUGHPUT COVERAGE
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Fire including smoke, smog, latent heat
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Explosion &/or implosion
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Natural disasters such as earthquake, tsunami, flooding and inundation, storm, tornado, cyclone, tornado, etc.
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Lightning
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Subsidence, land-slide, rock-slide
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Burglary
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Aircraft, spacecraft, satellite damage, including articles dropped therefrom
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Impact by vehicle &/or animal &/or object
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Sprinkler leakage
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Bursting and/or overflowing of water-tanks, pipes, apparatus
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Spillage, Contamination, Tainting
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Forklift and/or cargo handling damage
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Strikes, Riots, Malicious Damage
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Cyber risks causing physical damage to the cargo
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All risks of accidental physical loss or damage to cargo other than excluded risks.
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Optional extension to cover risks of War, Terrorism & Political Violence for specified pre-approved named locations.
We ensure that your cargo is comprehensively insured against ALL RISKS of accidental external fortuitous loss &/or damage during the course of transportation, storage and handling. Our widest protection best safeguards your cargo interests and offers you a complete peace of mind.
Sea Transportation Risks
Air Transportation
Risks
Storage, Logistics & Distribution Risks