Protection aginst loss or damage over waterways, land and air.
Marine Cargo insurance covers goods that are being bought, or sold, either domestically or internationally. International law and the terms of sale/purchase will determine the extent to which responsibility for loss or damage to the goods is vested with the seller, buyer or the carrier. This includes coverage against loss or damage to a ship and in-transit cargo.
Pleasure Crafts or Yacht Insurance
It is a comprehensive policy, which generally includes cover for loss, theft, damage, or the unforeseen effects of violent weather. This insurance policy covers all pleasure craft such as motorboats, jet skis, and sailing boats.
(Liabilities related to various marine operations, primarily)
Fines and Penalties
This covers your liability to pay fines and penalties to any authority or a third party.
Covers you for breach of duty, errors, and omissions in your professional capacity.
Liability to Cargo
Covers your liability for damage or loss of cargo in your custody.
Third Party Liability
Covers you for third party bodily injury property damage arising out of your insured services.