Marine Cargo (also referred to as Goods in Transit)

Marine is the oldest of all insurance products and was formally established in the late 17th century as a way of merchants protecting their business against the cost of vessels or cargo being lost or damaged whilst at sea.

The term Marine Cargo refers to cover provided for items transported in many different ways via land, sea and air.

Businesses of all sizes send component parts or client orders by post and protection is therefore required for any loss or damage arising to these items during transit. In many cases, couriers will offer an insurance policy per consignment but this is often a far less cost effective way of obtaining financial protection against lost or damaged shipments than an annual marine cargo policy.

Further Marine Insurance covers such as Marine Liability, Marine Casualty, Hull and Offshore/Onshore Property are also provided by specialist insurance markets with whom we will be able to put you into contact with for these requirements.