Marine Insurance

Protect Your Goods During Every Transit

Marine Insurance safeguards your cargo, goods, and shipments against damage, loss, and transit-related risks during transportation by road, rail, air, or sea.

Introduction Section

Reliable Protection For Goods In Transit

Marine Insurance provides financial protection against loss or damage to goods while they are being transported from one location to another.

Whether goods are transported by road, rail, air, or sea, marine insurance helps businesses reduce financial losses caused by accidents, theft, fire, natural disasters, or handling damage during transit.

Marine policies are essential for exporters, importers, manufacturers, wholesalers, traders, logistics providers, and businesses involved in transportation and supply chain operations.

The policy ensures safe movement of cargo and helps businesses maintain continuity by minimizing transit-related financial risks.

Cargo Protection Coverage for goods damaged or lost during transportation.
Business Security Reduce financial losses caused by transit-related risks.
Worldwide Coverage Protection for domestic and international shipments.
Types of Marine Insurance

Choose The Right Marine Insurance Policy

Different marine insurance policies are available based on your business type, transportation mode, and shipment requirements.

Export Insurance
International Shipping

Export Insurance Policy

Provides protection for goods being exported to international destinations against transit-related risks and damages.

Import Insurance
Imported Goods

Import Insurance Policy

Covers imported cargo and goods against accidental loss or damage while being transported into the country.

Inland Transit Insurance
Domestic Transit

Inland Transit Insurance Policy

Provides coverage for goods transported within India by road, rail, or other inland transportation modes.

Specific Transit Insurance
Single Shipment

Specific Transit Insurance Policy

Offers protection for a single specified transit journey from one destination to another.

Who Needs Marine Insurance

Businesses That Need Marine Insurance

Marine Insurance is ideal for businesses involved in trading, shipping, logistics, manufacturing, and transportation.

Import Export Business

Importers & Exporters

  • Export businesses
  • Import companies
  • International traders
  • Global supply chain operators
Global Transit
Logistics Companies

Transport & Logistics Businesses

  • Transport companies
  • Warehouse operators
  • Courier businesses
  • Manufacturers & distributors
Cargo Safety
Documents Required

Documents Needed For Marine Insurance

Keep these important documents ready for quick policy issuance and claim processing.

01
Business Proof

Business Registration Documents

02
Invoice Details

Invoice & Shipment Details

03
Transport Documents

Transport & Transit Documents

04
ID Proof

Valid ID Proof

PAN Card Aadhaar Card
What's Covered

Transit Risk Coverage

  • All risk insurance protection
  • Fire and accidental damage
  • Lightning damage
  • Collision with carrying vehicle
  • Overturning or derailment accidents
  • Breakage of bridge during transit
  • Earthquake and volcanic eruption
  • Flood, inundation, storm, and cyclone
  • Loss or damage during loading and unloading
  • Transit theft and accidental loss
  • Any other risk not specifically excluded
What's Not Covered

Common Exclusions

  • Intentional damage or negligence
  • Improper packing of goods
  • Ordinary leakage or wear and tear
  • Delay in transportation
  • War and nuclear risks
  • Losses specifically excluded in the policy
Additional Protection

Add-On Covers For Better Cargo Security

Theft & Pilferage Cover

Additional protection against theft, burglary, and pilferage during transit.

Warehouse to Warehouse Cover

Protection from the dispatch warehouse to the final delivery destination.

Loading & Unloading Cover

Covers accidental damages during cargo handling operations.

Breakage Cover

Additional protection for fragile goods and breakable materials.

Temperature Damage Cover

Protection for goods affected by temperature variations during transportation.

Comprehensive Transit Cover

Broader protection against multiple transit-related risks and accidental losses.

Claim Process

How To File A Marine Insurance Claim

A simple and timely claim process helps businesses recover transit-related losses quickly and efficiently.

1

Inform Claim

Immediately notify the insurer about damaged or lost goods during transit.

2

Survey & Inspection

Surveyor inspects the damaged cargo and assesses the loss.

3

Submit Documents

Provide invoices, transport receipts, photographs, and claim documents.

4

Claim Assessment

The insurer reviews policy terms, transit details, and extent of loss.

5

Settlement

Approved claim amount is settled as per policy conditions.

Why Choose Times Care
Why Choose Times Care

Trusted Support For Cargo & Transit Protection

✔ Expert transit risk guidance

✔ Fast policy issuance

✔ Affordable premium options

✔ Quick claim assistance

✔ Dedicated customer support

Have Any Questions?

Get answers to common questions related to marine insurance policies, cargo coverage, transit risks, and claim procedures.

Contact us
What is cover under Specific Transit Policy?

Specific Transit Policy provides insurance coverage for a single specified transit journey.

Can I get coverage for multiple transportation under Specific Transit Policy?

No. Specific Transit Policy covers only one specific transit journey.

Who should take Marine Insurance?

Importers, exporters, manufacturers, traders, transporters, and logistics businesses should consider Marine Insurance.

Does Marine Insurance cover natural calamities?

Yes. Policies generally cover floods, storms, earthquakes, and other specified natural risks.

Secure Your Cargo & Shipments Against Transit Risks

Speak with Times Care to compare Marine Insurance policies and protect your goods during every journey.