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Ship It Safe - Marine Insurance That Keeps Cargo Moving

Warehouse-to-warehouse marine and transit insurance for importers, exporters, freight forwarders and carriers. Protect goods at sea, in the air and on the road with tailored cover and quick claims handling.

Insure Cargo. Insure Confidence.

Marine Insurance

    Trusted By 1500+ Enterprises

    From Startups to Stalwarts, India’s Finest Choose CoverBizz

    What is Marine Insurance

    Cargo Covered, From Wharf to Warehouse

    Marine insurance protects goods and shipping interests against physical loss or damage during carriage by sea, air or land. Policies can be quoted as cargo, hull & machinery, or liability (P&I). Cargo cover commonly uses Institute Cargo Clauses (ICC) A/B/C – ICC A being the broadest (‘all risks’) option and ICC C the most limited. You can buy warehouse-to-warehouse wording to keep cover continuous across multiple legs.

    Why Marine Insurance Matters in India

    Trade Moves Fast – So Should Your Cover
    • India is a major trading nation; damage or loss can halt supply chains and squeeze working capital.

    • Exporters/importers need reliable cover to satisfy LCs and commercial terms (CIF, CFR, etc.).

    • Inland container depots (ICDs), ports and multimodal moves bring local complexities – marine insurance stitches the gaps.

    Who Needs Marine Insurance?

     

    Importers & Exporters

    Protect shipments and meet contract terms.

    Freight Forwarders & Logistics Providers

    Liability and cargo handling risks.

    Manufacturers with Global Supply Chains

    Inbound raw material and outbound finished goods cover.

    Warehouse / ICD Operators

    Stock-in-storage and warehouse-to-warehouse exposures.

    Shipping Companies & Charterers

    Hull, machinery and P&I liability exposures.

    Types / Add-ons Commonly Offered

     

    accidents

    Marine Cargo Insurance (ICC A / B / C options)

    accidents

    Inland Transit / Transit Insurance (Road/Rail within India)

    accidents

    Warehouse-to-Warehouse / Storage cover

    accidents

    Hull & Machinery Insurance (for shipowners)

    accidents

    Protection & Indemnity (P&I) - third-party liability for shipowners

    accidents

    Freight & Interest Insurance (cover freight loss / shipper’s interest)

    What Marine Insurance Covers

    accidents
    Ocean Perils (sinking, grounding)
    accidents
    Fire on Board
    accidents
    Theft & Pilferage
    accidents
    Loading / Unloading Damage
    accidents
    Weather / Cargo Damage
    accidents
    Collision / Contact
    accidents
    Inland Transit Damage
    accidents
    Warehouse-to-Warehouse clause coverage

    Inclusions & Exclusions

    Inclusions

    Perils as per chosen clause (ICC A/B/C) - e.g., loss/damage from collision, grounding, fire (depending on clause).

    Loading, unloading and handling damage (if covered by clause).

    Theft / pilferage and general average (subject to clause and wording).

    Warehouse-to-warehouse and multimodal transit (if specified).

    Exclusions

    Poor packing / improper stowage (unless insurer has agreed).

    War and nuclear risks (unless separately covered).

    Delay, depreciation or consequential loss (unless expressly insured).

    Sanctions or prohibited-country consignments (subject to regulatory rules).

    Insurance Partners

    “Our marine partners include leading cargo insurers and P&I clubs.”

    FAQ's

    What’s the difference between ICC A, B & C?

    ICC A is the broadest (near all-risks), ICC B covers named perils plus some, and ICC C is the most restricted. Higher cover = higher premium.

    Who should arrange the marine insurance - buyer or seller?

    Depends on Incoterms. Under CIF the seller arranges cover; under FOB the buyer usually needs to. Check your contract and LC instructions.

    Does marine insurance cover theft at a port or warehouse?

    Yes, if the policy includes warehouse-to-warehouse wording or specifies that storage; otherwise gaps can arise between legs.

    How fast are cargo claims settled?

    Simple cargo claims with clear documentation can be closed in weeks; complex losses involving salvage or surveyor investigations can take months.

    Are shipments to sanctioned countries covered?

    Not automatically. Political and sanction risks require insurer approval and special wording.

    What documents are needed for a marine claim?

    Bill of lading/airway bill, packing list, commercial invoice, surveyor report, and any customs/port documents.

    Customers Says..​

    “We were stuck over a demurrage dispute and our cargo sat at port. The team negotiated with the underwriter and the port agents - claim handled and costs trimmed. Lifesaver!”
    Mr. Arjun Desai
    Mr. Arjun Desai Export Manager
    “When a rail transit mishap damaged a batch of electronics, CoverBizz made sure logistics and insurer worked together; the replacement and claim settlement were efficient and saved months of disruption.”
    Mr. R. Kapoor
    Mr. R. Kapoor Operations Lead

    “Shipping risks are messy - but cover doesn’t have to be.
    Whether you move small parcels across town or full containers across oceans, let’s design the right Marine Insurance for your trade.”

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