Marine Insurance
What does the Policy Cover?
What does the Policy not Cover?
Features and Benefits
Types of Policies
       

What does Policy not Cover ?

  • Willful misconduct
  • Ordinary leakage, ordinary loss in weight or volume or ordinary wear and tear

  • Inherent vice or nature of the subject - matter

  • Delay howsoever caused

  • Insolvency or financial default of carrier

  • Inadequate packing, war and kindred perils, strikes, riots, lock-out, civil commotion and terrorism. (War and SRCC during ocean voyage and SRCC/T for inland transits may be covered at extra premium)

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