Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. ... When goods are transported by mail or courier, shipping insurance is used instead.
Claims Procedure
- 1. Advise us of the loss immediately.
- 2. Call loss adjuster immediately.
- 3. Forward to us the following documents: -
- (a) Original certificate or cover note.
- (b) Original or non-negotiable Bill of lading.
- (c) Original invoice and packing specification.
- (d) Port documents.
- (e) Consignment notes.
- (f) Survey report.
- (g) Correspondence exchanged with third parties.