Marine Insurance Policy
Our marine policies are for insuring your cargo against all types of losses that may occur; this ensures that your imports and exports are safe. This policy may also be taken to cover air cargo and other types of freight.
There are two main types of policies, namely open covers and single covers.
Open covers may be taken for importers whose imports are frequent; under this arrangement the importer takes one master policy to cover his imports, and makes periodic declarations as and when he makes imports.
The single cover may be taken for each import, and is normally suited for those whose imports are not very frequent.
Marine Hull Policy
This policy covers the ocean moving vessels against perils of the sea. There are types of covers which can be recommended. These covers are Clause A, B and C. The following are what the Marine Hull Policy can cover:
Loss or damage to the subject matter insured reasonably attributable to
- Fire or Explosion
- Vessel being stranded grounded sunk or capsized
- Collision or contact of vessel
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MARINE CARGO CLAIM FORM SERENE INS.