Marine/Cargo Insurance Plan

His is suitable for the import of goods being conveyed by sea or air from outside Nigeria.



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Guarantees indemnity in the event of financial losses as a result of voyage mishap like sinking or stranding of carrying vessel, piracy, water damage to goods, jettison etc.
Coverage is for freight & cost of goods plus handling charges
Cover can be granted from the point of shipment/ loading to the insured’s final warehouse/point of discharge

The product is available in two (2) variants.

Marine/Aviation Cargo Insurance: This insurance is taken for goods being conveyed trans boarder by sea or air to protect against financial losses as a result of sea or air mishap.
Marine Hull Insurance: This cover offers financial indemnity for losses or damage to Insured Vessels/crafts, machinery rotary and stationary. This is also extended to passenger liability and other 3rd party risks.

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