Marine and  Marine Cargo Insurance

Marine insurance and marine cargo insurance cover the loss or damage of ships at sea or on inland waterways, and of the cargo that may be on them. When the owner of the cargo and the carrier are separate corporations, marine cargo insurance typically compensates the owner of cargo for losses sustained from fire, shipwreck, etc., but excludes losses that can be recovered from the carrier or the carrier's insurance. Many marine insurance underwriters will include "time element" coverage in such policies, which extends the indemnity to cover loss of profit and other business expenses attributable to the delay caused by a covered loss.

International Insurance issues vary depending on many aspects from amount of coverage needed to foreign legal issues to the different insurers and more. To make sure that you are on the right track with your insurance needs, please contact our expatriate team of insurance experts for a free consultation and or fill out our online form to get a quote via email.