Marine Cargo Insurance

As the name implies, this type of insurance to guarantee compensation for losses incurred during transportation of goods from "back home" to "to the destination."

Movement of goods may consist of:

• Movement of goods from one place to another within a same city. 
• Movement of goods between cities, between islands or between countries.

Kind of Transport:

• Air Transport (Air Cargo).
• Transport Air / Sea (Marine Cargo).
• Land Transport (Land Transite).

Conveyances to be used very influential with the high / low risk and will directly affect large and small premium rates.

In this type of Marine Cargo Insurance, there are several different types of insurance include:

1. Transportation Air / Sea

• Export / Import
• ICC "A"
• ICC "B"
• ICC "C"

2. Air Freight

• Export / Import
• "Air Cargo All Risks"
• Local Transport
• Land and Water Cargo Cover "A"
• Land and Water Cargo Cover "B"

3. Land Transportation

• Landtransit Cover "A"
• Landtransit Cover "B"

Cargo Insurance Air / Sea:

* ICC "C"

Assurance given is: if losses incurred during the trip caused by:

• Fire or explosion
• Aground, sinking, capsize conveyances
• Reversed, slipping land conveyances
• The collision between the means of conveyance (ship) with objects other than water
• Given up the goods for the benefit / safety
• GA

* ICC "B"

Assurance given is the same with the ICC "C" plus the result:

• Earthquake volcanic eruption
• Lightning
• Thrown from boat
• Damage due to Water
• Loading and unloading goods

* ICC "A"

Assurance given is the widest scope against all risks except those exempted transportation such as:

• The nature of the goods themselves,
• Wear,
• Intent.

Marine Cargo Insurance Land:

*Cover "A"

Assurance given is:

1. Fire

2. Flood.

3. Tergelincirnya rolled or conveyances.

4. Tabrakannya conveyances or goods transported with other objects.

5. Ferry sinking time of the crossing.

*Cover "B"

Guarantees given are all ongoing risks during land transport.

Information Needed In Closing

• Route of transportation.
• Date of commencement of transportation.
• Type of conveyances (conveyances air, or land)
• Identification of means of conveyance:
• When transported by ship, then the air must be known: Name of ship / airline name, GRT, DWT (Tonnage Ship), Naval type.
• When transported by truck or train, it must be known: Number police, name trains.
• Type of goods transported
• The value of goods every time transport
• The owner of the goods
• Packaging
• Is there a transhipment
• For air and sea transport must be equipped: B / L or Bill of Loading (ship), Airways Bill (air ship), Packing List, Invoice