Marine & Cargo Insurance

Marine and Cargo Insurance Marine insurance is a broad form of insurance that provides coverage against risks related to maritime activities, including ships, freight, and cargo during transportation. It protects against losses or damages arising from perils of the sea and other transit-related risks. Cargo insurance, on the other hand, is a specific subcategory of marine insurance that covers the goods themselves against loss or damage while in transit. It applies to transportation across multiple modes such as sea, air, road, and rail, ensuring financial protection to the owner of the goods throughout the journey.