Marine Cargo Insurance
Cover for goods in transit by sea, air or land.
From warehouse to warehouse
Marine Cargo insurance covers goods against loss or damage while they are shipped from one place to another, from the time they leave the seller’s warehouse until they reach the buyer’s warehouse at the final destination. Cover is written on the Institute Cargo Clauses.
How it can be arranged
- For a single shipment
- As an open cover, for many shipments over a period
Three levels of cover
Institute Cargo Clauses (A)
All risks of loss or damage in transit, except the standard exclusions. The widest cover.
Institute Cargo Clauses (B)
Named perils only. Narrower than (A).
Institute Cargo Clauses (C)
Named perils only. The most restricted cover.
What is covered
| Cover | ICC (A) | ICC (B) | ICC (C) |
|---|---|---|---|
| Fire or explosion | Covered | Covered | Covered |
| Vessel or craft stranded, grounded, sunk or capsized | Covered | Covered | Covered |
| Overturning or derailment of land conveyance | Covered | Covered | Covered |
| Collision or contact of the vessel, craft or conveyance with an external object other than water | Covered | Covered | Covered |
| Discharge of cargo at a port of distress | Covered | Covered | Covered |
| General average sacrifice | Covered | Covered | Covered |
| Jettison | Covered | Covered | Covered |
| General average and salvage charges | Covered | Covered | Covered |
| Earthquake, volcanic eruption or lightning | Covered | Covered | Not covered |
| Washing overboard | Covered | Covered | Not covered |
| Entry of sea, lake or river water into the vessel, craft, conveyance, container or place of storage | Covered | Covered | Not covered |
| Total loss of any package lost overboard or dropped during loading or unloading | Covered | Covered | Not covered |
| Pirates, thieves and non-delivery | Covered | Not covered | Not covered |
What is not covered
- Loss, damage or expense attributable to wilful misconduct
- Loss, damage or expense caused by insufficient or unsuitable packing
Other exclusions apply, as set out in the policy terms and conditions.
For a quote
Send us three things.
- What the goods are, and their value
- Where they are shipped from and to
- How they travel (sea, air or land) and when
Common questions
- What does marine cargo insurance cover?
- Goods against loss or damage from the time they leave the seller’s warehouse until they reach the buyer’s warehouse, by sea, air or land. Cover is written on the Institute Cargo Clauses: (A) is all risks, (B) and (C) are named perils, with (C) the narrowest.
- Can one policy cover all my shipments?
- Yes. Cargo cover can be arranged for a single shipment or as an open cover for many shipments over a period. Tell Seguro what the goods are, their value, the route and how they travel.
How to claim
Tell us
Contact our Claims Hotline or email us as soon as a claim arises.
We guide you
We advise you on documentation and communicate with the insurer.
We follow it through
We monitor the claim’s progress and check the settlement is in line with your policy entitlements.
This page is a summary. Cover is subject to the terms, conditions and exclusions of the insurer’s wording, which prevails. Seguro is a broker and arranges cover with the insurer.
