Shikhar Insurance
Property Insurance

Marine Transit Insurance

by Shikhar Insurance

Cargo Cover

Modes

Sea/Air/Road/Rail

Exclusions

War, Nuclear, Inherent Vice

Claim Settlement

92%

Coverage
Min Coverage
रु. 100,000
Max Coverage
रु. 10,000,000

Claim Settlement Rate (Shikhar Insurance)

93.92%
Claims Paid: 4,823Claims Outstanding: 312
Description

Insurance for goods in transit (imports and exports) by sea, air, rail or road. Covers goods from the supplier's warehouse to the consignee's final warehouse against transit perils such as loss, damage, theft, collision, sinking, etc.

Features
  • Protection for cargo transported by sea, air, rail and road
  • Available for both imports and exports
  • Covers multiple transit perils (theft, damage, collision, sinking, etc.)
  • Optional cover for strike, riot and terrorism
  • Exclusions include willful misconduct, inherent vice, nuclear and war risks, and delay
Highlights
  • Covers sea/air/rail/road transit
  • For both imports and exports
  • Optional strike/riot/terrorism cover