Marine Cargo

Marine insurance is a very important aspect that international traders have to consider. In the absence of marine insurance traders could incur not just loss to their cargo but also substantial financial losses that could severely impact their ability to trade.

Our policy covers physical loss or damage to the cargo during the voyage, including land transport as well as transport by sea or air. Risk is covered from the supplier's warehouse to final destination in South Africa or anywhere in the world.

In terms of a Marine Insurance policy insurable interest must be evidenced at the time of loss in order for the trader to claim, successfully, under the policy. Insurable interest is generally determined by the terms of sale, INCOterms being the usual definitive source.

Please use our Marine Cargo Proposal Form