Marine Cargo Insurance

All Marine Insurances

Marine Cargo Insurance

SLIC General's Marine Cargo Insurance offers robust coverage for goods in transit, providing security against loss or damage due to various maritime risks. It is tailored to meet the regulatory needs of exporters and importers, ensuring the safety and reliability of maritime commerce.

Coverage Details

Cargo Clause (A)

    This covers all risks of loss or damage under the Institute Cargo Clause (A) with specified exclusions.

Covers Institute Cargo Clauses (B) or (C)

    Offers coverage for named perils under these clauses, providing a flexible approach to risk management.

Total / Loss Cover

    Ensures compensation for total loss scenarios under the policy terms.

Wide Coverage

    Additional premium options allow for extended coverage against war, strikes, riots, civil commotion risks, and storage cover incidental to transit.

Inland Transit Cover

    Provides protection for goods transported within Sri Lanka, extending the coverage to domestic routes.

Other Benefits

Desired Cover Flexibility

Underwriters can tailor coverage to fit specific needs, allowing policyholders to negotiate the terms of their desired coverage.

Catert to Local Transporters

Special provisions for local transporters that handle goods within Sri Lanka, covering risks faced during loading and unloading operations.

Throughput Covers

Offers comprehensive coverage for goods throughout their journey, benefiting exporters and importers extensively.

Special Facility for Large Scale Importers/Exporters

Designed to facilitate major importers and exporters by offering a seamless marine insurance plan that integrates with their supply chain logistics.

Eligibility

  • Interest Requirement: Policyholders should have an insurable interest in the cargo.
  • Legal and Regulatory Compliance: Must be eligible to sign an insurance agreement per the legislation framework of Sri Lanka.
  • Consignment Specifications: Only legally accepted goods for marine transportation are eligible for coverage.

Why Choose SLIC General?

SLIC General's Marine Cargo Insurance is backed by our commitment to providing comprehensive protection tailored to the dynamic needs of global trade. With our extensive coverage options and dedicated support, we ensure your goods are protected every step of the way.

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