Marine Cargo
Comprising:
Cargo
Commercial and Hull Liability
Freight Liability
Cargo
Overview
Cargo is carried by many modes of transport – air, sea, water and road – and usually by more than one mode during its journey from A to B. Everything we see around us, from raw materials to finished products, such as furniture and clothing, building materials, foodstuffs, minerals, rubber and more, will at some time have been cargo.
In insurance terms, cargo is often forgotten or ignored, and to compound matters, many importers or exporters wrongly believe that the cargo carrier's contractual conditions will compensate them for any loss or damage. Marine Cargo insurance is normally arranged by a supplier or buyer overseas or placed by a freight-forwarder on behalf of the exporter.
Who needs Cargo insurance?
Manufacturing companies, suppliers, wholesalers and selling agents, repairers and service companies could all have the need for this invaluable protection. In short, any company that imports or exports goods.
Overview
Cargo is carried by many modes of transport – air, sea, water and road – and usually by more than one mode during its journey from A to B. Everything we see around us, from raw materials to finished products, such as furniture and clothing, building materials, foodstuffs, minerals, rubber and more, will at some time have been cargo.
In insurance terms, cargo is often forgotten or ignored, and to compound matters, many importers or exporters wrongly believe that the cargo carrier's contractual conditions will compensate them for any loss or damage. Marine Cargo insurance is normally arranged by a supplier or buyer overseas or placed by a freight-forwarder on behalf of the exporter.
Who needs Cargo insurance?
Manufacturing companies, suppliers, wholesalers and selling agents, repairers and service companies could all have the need for this invaluable protection. In short, any company that imports or exports goods.
Commercial and Hull Liability
Overview
This product is primarily aimed at small craft in the UK, Ireland and coastal waters that are engaged in commercial activities, as well as the liability risks of harbour authorities, boatyards and small boat repairers.
Who needs Commercial and Hull Liability insurance?
Small river ferries, workboats, barges, port tenders and pontoons; and also harbour authorities, boatyards, boat repairers and marina owners to cover their liability risks.
Overview
This product is primarily aimed at small craft in the UK, Ireland and coastal waters that are engaged in commercial activities, as well as the liability risks of harbour authorities, boatyards and small boat repairers.
Who needs Commercial and Hull Liability insurance?
Small river ferries, workboats, barges, port tenders and pontoons; and also harbour authorities, boatyards, boat repairers and marina owners to cover their liability risks.
Freight Liability
Overview
Freight liability arises through statute, contract or common law. Conditions of carriage set out the obligation between carrier or bailee and the customer. These obligations should be included in the contract of carriage because, without these specified conditions, a carrier is bound by common law. Some conditions of carriage are imposed by statute because of the nature of the goods and/or the method transport.
Who needs Freight Liability insurance?
Hauliers, freight-forwarders, warehouse keepers and other operators in the transport industry.
Overview
Freight liability arises through statute, contract or common law. Conditions of carriage set out the obligation between carrier or bailee and the customer. These obligations should be included in the contract of carriage because, without these specified conditions, a carrier is bound by common law. Some conditions of carriage are imposed by statute because of the nature of the goods and/or the method transport.
Who needs Freight Liability insurance?
Hauliers, freight-forwarders, warehouse keepers and other operators in the transport industry.
Please note that all product and scheme information featured in this site is provided as an indicative guide to general cover only and can change at short notice. For full details of cover and exclusions, please contact us.
