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Bajaj Allianz Marine Insurance |
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Introduction
Introduction Business today knows no boundaries. We have an access to products and services across borders as countries continue to globalise. However the farther our goods travel the more risk they are exposed to. That´s why Bajaj Allianz brings to you the marine cargo insurance cover, which compen-sates losses of goods in transit.
Scope of cover :
It covers transit of goods :
1. By Sea. (All ocean voyages and inland water ways.)
2. Send by post or parcels
3. Bay rail/road/Air.
Basis of Sum Insured
Marine Insurance policies are issued on 'agreed value basis' and should be based on invoice and covering incidental expenses.
What are the types of Coverage offered?
The following are the type of covers available:
All Overseas Transits are subjected to Institute Cargo Clauses, given by Lloyds Underwriter and Technical Committee, London.
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