Annual Marine Cargo Policy
An annual marine cargo policy is the simplest and most convenient way to cover the insured’s import and export risks. It is subject to an annual premium based on the value of all shipments that the Insured is responsible to insure for the annual period.
Single Marine Policy for each Consignment
Single marine cargo insurance is for ‘one-off’ insurance cover for import or export shipments. For this insurance premium is based on the sum insured.
Marine Open Cover Policy
Marine open cover allows individual or periodic declaration of shipments (e.g. monthly, quarterly) with premium payable on each declaration.