Marine Cargo Insurance
Marine Cargo Insurance is insurance for point to point shipments. It covers multi modal shipping. It covers land, sea and air shipments. And storage during that shipment.
This is a type of Goods in Transit Insurance, but it covers the insurance for all types of shipments and across international borders.
Insurance Coverage for Marine Cargo Shipments
There are several insurance companies like AIA Insurance, RHB Insurance, Liberty Insurance, AXA or Takaful Ikhlas and many more that are providing this type of business insurance for shipping. They have different forms to fill up, prices and terms and conditions. Red Cover insurance agents deal with these insurance companies to get you the best options, prices and terms for your specific needs.
You can see the types of business insurance offered by Red Cover agents at the Red Cover Business Insurance summary page.
This goods and cargo insurance is to cover shipping goods and cargo from a specific point of origin (a warehouse in Penang for example) to its final destination (a warehouse in London for example). It covers the cargo and container shipped. The coverage is based on Institute Clauses A, B and C. These Institute Coverage Clauses (ICC) specify what are covered in the event of a damage or loss to the shipment. The duration of coverage is based on the specific shipping details that will be filled up in the forms.
This cargo insurance policy covers all types risks to cargo while shipping or in transit during shipping, associated with multi modal and cross border shipments. Theft, lost, fire, damage, piracy, hijacking, sinking, explosions, accidents and many more. The types of damages or risks covered, depends on the Marine Insurance plan (Institute Cargo Clauses A, B or C) clauses that you select.
This cargo insurance will have three different types of baseline prices based on the Institute Cargo Clauses (ICC). Institute Cargo Clause A is the most comprehensive cargo insurance plan and covers all risks. Institute Cargo Clause B covers less comprehensive type of risks and Institute Cargo Clause C covers least type of risks.
Contact our Red Cover insurance agents to get the best coverage option and prices for your cargo insurance coverage proposal for shipping from or to Malaysia.
Contact Insurance Agent for Best Insurance Proposals in Malaysia
Levine Lee has over 15 years of working experience with AIA and ING Insurance as an AIA life insurance agent and life planner. Jeffrey Teoh has over 10 years of distinguished working experience with the best group insurance company in Malaysia.
Contact AIA INSURANCE AGENT LEVINE LEE, at +6012 684 0948. She is the focal point for initial customer contact. Jeffrey Teoh or other Red Cover insurance team members will step in to contact you depending on your insurance requirements.
Levine and her team can work with you to create the best insurance proposal and quotations to meet your needs and budget plans within Malaysia. The Team can get you quotations from various Insurance Companies in Malaysia for your personal, life, general, group and business insurance needs.
Send in the form below for your requirements.
Shipping and Marine Insurance - Request for Quotation
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