Marine cargo and transit insurance
Protect goods in transit by road, rail, sea or air, with help at claim time.
- Single transit or annual open policies
- For traders, manufacturers and exporters
- Help with claim paperwork and surveys
Who needs marine insurance?
Any business that moves goods, whether raw material coming in or finished products going out. Damage, theft or accidents in transit can wipe out a shipment’s value. Marine insurance protects it.
- Manufacturers in Kundli, Rai and Sonipat industrial areas
- Traders shipping goods across India
- Exporters and importers
Types of cover
Single transit policy
Cover for one specific shipment.
Open policy
Covers all shipments over a year up to a declared limit. Ideal for regular shippers.
Sales turnover policy
Premium based on annual turnover, covering all dispatches.
What is covered, and what is not
Every policy has limits. We explain them upfront so there are no surprises at claim time. Exact cover depends on the insurer and plan you choose.
Usually covered
- Accident, overturning or collision of the carrying vehicle
- Fire and explosion during transit
- Theft and non-delivery (with the right clause)
- Loading and unloading damage
- Natural calamities during transit
Usually not covered
- Improper or insufficient packing
- Delay and loss of market
- Normal leakage and wear
- Wilful misconduct
We compare marine plans from
- HDFC ERGO General Insurance
- IFFCO Tokio General Insurance
- The Oriental Insurance Company
- United India Insurance Company
- National Insurance Company
Documents needed
- Invoice and packing list
- Lorry receipt or bill of lading
- Details of goods, value and route
How claims work
Inform immediately
Tell us and the insurer as soon as damage or loss is found. Do not give a clean receipt for damaged goods.
Survey
The insurer appoints a surveyor to inspect. Keep the damaged goods and packing.
Documents and settlement
Submit invoice, transit documents, survey report and claim bill. We follow up to settlement.
Marine Insurance: frequently asked questions
I ship goods every week. Do I need a policy for each?
No. An open or sales turnover policy covers all your shipments for the year, which is simpler and usually cheaper.
Related insurance
Commercial vehicle
Cover for goods carriers, passenger vehicles and fleets, with renewal dates managed for you.
Commercial Vehicle Insurance
- Goods carriers, taxis, school vans and tractors
- One advisor for your whole fleet
- Claim help that keeps your vehicles on the road
Talk to an advisor about marine insurance
Get a free comparison from leading insurers, explained in plain language. Online or at our Sonipat office.
Or call 99996 68013 · Monday to Saturday, 10:00 AM to 6:00 PM