cargo policy

Addressing the needs of exporters or importers, the Cargo policy provides worldwide coverage for goods in transit from warehouse to warehouse and can be tailored to fit the Insured’s specific needs. Coverage for goods moving by land, sea or air can be expanded to include domestic transit, warehousing or consolidation as well as covering war, strikes, riots and civil commotion.

 

The Insured’s goods can be covered for physical loss or damage from external causes including:

  • General Average losses and General Average contributions
  • Sue and Labor Expenses incurred to prevent or mitigate a loss
  • Import Duty
  • Landing, warehousing and forwarding charges incurred as the result of an insured peril
  • Return shipments in the event of the refusal or inability of the assured or consignee to accept delivery at destination
  • Loss or damage resulting from war risks, strikes, riots and/or civil commotion
  • Theft and Hijacking
  • Shortage and Non-Delivery

 

 

Contact ISR today to help you write and retain more of your Cargo business.

Cargo Policy/Commercial Marine Insurance
The Open Ocean Cargo policy provides worldwide insurance coverage for goods in transit from warehouse to warehouse . Goods moving by land, sea or air can be covered to include domestic transit, warehousing or consolidation as well as covering war, strikes, riots and civil commotion.