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Marine Cargo Insurance in UAE

You need the right marine cargo insurance policy for your commodity, voyage and conditions. We can arrange policy for, food grains, coal, scrap, break bulk shipments as well as project cargo.

Covers against accidental, physical loss and/or damage to the cargo (imports, export and inland) during transit by sea, air, land or parcel post.

Single marine cargo Insurance policy: Useful for individuals and companies who need to secure their cargo for one-time shipments

Open marine cargo Insurance Policy: This policy can be valid for one year, provide automatic coverage for all cargo shipped with that time period. Declaration of shipments can be made on a case to case, monthly or quarterly basis.

Extent of Cover

  • Insurance against natural calamities such as volcanic eruptions, storms, and lightning.
  • Insurance against cargo damage caused by collisions, the discharging of cargo at a port of distress, overturning or derailment of the land conveyance, jettison, overboard accidents, and damages caused by seawater entering the ship, or capsizing.
  • Insurance against unexpected events such as fires, explosions, grounding, war risks, kidnapping, and piracy.

The insured has the option to choose the Marine Insurance coverage as per the following Institute Cargo Clauses (ICC):

ICC (C): Fire, lightning, stranding, grounding, sinking or capsizing of vessel or craft, overturning or derailment of land conveyance, collision or contact of vessel, craft or conveyance with any external object other than water, discharge of cargo at a port of distress, general average sacrifice and jettisoning.

ICC (B): Earthquake, volcanic eruption or lightning, washing overboard, entry of sea, lake or river water into vessel, craft, hold, Conveyance, container, lift van or place of storage, in addition to the perils of ICC (C).

ICC (A) – All risks, subject only to the specified exclusions

ICC (Air) -Pertains to air cargo covering “All risks”, subject only to the specified exclusions

ICC (War & Strikes) – Covering war, strike etc. which are excluded in the basic ICC clauses.

Inland Transit the insured has the option choose the coverage as per the following:
Land Transit All Risks Insurance: Covering All Risks, subject only to the specified exclusions

Land Transit Basic Insurance: Covering 1) Fire 2) Lightning 3) Breakage of Bridges 4) Overturn of Carrying Vehicle 5) Collision with or by the carrying vehicle

Documents required for

single policy issuance

Trade License, Vat No
Details of shipment with packing list

Open Marine policy

Proposal form
Declaration of monthly shipments

Planning to buy marine cargo insurance in Dubai, UAE? Platinum Insurance Broker LLC provides the best marine cargo insurance policy in Dubai, UAE at the lowest prices.

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WHY PLATINUM

Focused on you with personalised solutions Focused on you with personalised solutions
50+ years of experience in the industry 50+ years of experience in the industry
35+ Partnerships with Insurers & Financial Institutions 35+ Partnerships with Insurers & Financial Institutions
10,000+ Clients all <br/>over the globe 10,000+ Clients all
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