Marine Cargo & Goods in Transit Insurance

Marine Cargo insurance is an intrinsic part of international trade and is required by buyers and sellers of manufactured goods or raw materials, import/export merchants, buying agents, contractors and banks. In fact anyone engaged in the movement of goods.

Marine Cargo insurance encompasses transportation by Sea, Air, Road, Rail, Post, or any combination of them.

The intention of Marine Cargo insurance is to ensure the owner of the goods will be reimbursed if any physical loss or damage occurs as a result of a peril (fire, flood etc) during the transit. There are many risks which goods face as they move between countries despite improvements in packing and methods of transportation. Loss or damage from accidents, breakages, theft, wet damage and hijack are common problems. In addition, with valuable goods moving around the world, banks often insist that the buyer or seller arranges insurance to safeguard their interests.

We offer quotes from the major marine insurers in the UK and fully assess your individual requirements prior to obtaining quotes.