OCEAN MARINE INSURANCE

OCEAN MARINE CARGO INSURANCE

Ocean Marine insurance is designed for transportation of goods over bodies of water. Ocean Marine insurance provides coverage for cargo in situations where a shipment is damaged due to uncontrollable weather or in the cases where the cargo is lost or stolen.

This category includes, but not limited to:

• Hull Coverage – Hull coverages protects your vessell from physical damage that may be caused by a covered peril. Hull coverage can also be utilized to cover your offshore floating equipment like offshore oil rigs.
• Cargo Coverage – Protects you against losses to cargo anytime it is in transit on the water.
• Liability Coverage – Insures against a wide variety of liability risks associated with the ownership and operating of an ocean vessel.