Marine Cargo Insurance
This policy covers the risk of loss, destruction, or damage to cargo in transit. It is recommended for businesses whose operations involve regular importation of raw materials, packaging materials, spares and/or exportation of finished products from one destination to another by sea, road, rail, or air.
The cover considerations are based on:
Type of goods being carried
Packaging of the goods
Mode of transportation
Places of origin and destination of goods.
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