Cargo
from Zoom Insurance
Marine Cargo (including stock and Plant and Machinery) Insurance policy covers damage to Cargo during transportation. The coverage parameters are based on an “All Risk” basis to a “Named Perils” based policy as per the requirements of the customer and marine voyage being undertaken. Coverage under marine insurance is both global ie anywhere in the world to local ie anywhere in India. A cargo insurance document provides assurance to buyer and seller and all other stakeholders that the cargo is insured and the insurance purchase itself is demarcated in the INCOTERMS as per the contract of sale or purchase. The type of Marine Cargo policy can also take various forms based on the customer requirement ie :
• Specific Voyage
• Open Policy
• Open Cover
• Sales Turnover Policy
• Sales Throughput Policy
Scope of our services
In the global markets today, shipping goods from various locations is an essential part of business operations, be it small or large. And hence it becomes important to insure cargo with Cargo Insurance to ensure streamlined, smooth operations of the business remain intact with sales always on the targeted level. The correct type of cargo (including stock) Insurance paves the way for protection against damage and loss that might arise due to external factors, such as infestation, custom rejections, cargo abandonment, damages due to inappropriate packaging, derailment, sinking, theft, fire, or any other peril.
