Marine Insurance

Marine

Insurance cover for marine hull & cargo to the farthest part of the planet.

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Covers

    Our Marine Insurance cover types include;

  • Institute Cargo Clause (C): Named peril basis.
    This covers the following;

    1. Fire or explosion
    2. Overturning or derailment of land conveyance
    3. Discharge of cargo at a point of distress and loss or damage caused by jettison

  • Institute Cargo Clause (B): Named peril basis

    Though, this cover is similar to ‘C’, it offers the following additional covers:
    1. Lightning, volcanic eruption, earthquake
    2. Washing overboard
    3. Entry of river or sea water into the vessel, conveyance, lift van or place of shortage
    4. Total loss of any package while loading or unloading from vessel or craft

  • Institute Cargo Clause (A):

    It offers the wide coverage as it covers all the perils.

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Workmen’s Compensation

The Workmen’s Compensation policy provides benefits to workers who may sustain injury resulting into death or disability in the course of their duties. The policy is usually taken by employers of labour and is one of the several policies legislated by law. The benefits payable are graduated on a scale based on the employees annual salaries. In addition to disability and death benefits,the Workmen’s Compensation product also makes allowance for some medical expenses

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Work Men Compesation