Marine Open Policy
If you ship goods regularly, this policy keeps them covered throughout the year without requiring a new one to be issued every time. It’s a convenient way to protect multiple shipments under one continuous plan.
What are the Benefits?
Covers multiple shipments throughout the year without the need to issue separate policies. Ideal for businesses with regular cargo movement, saving both time and effort.
Coverage Details
What's Covered
- Loss or damage to goods during multiple transits
- Transit by sea, air, road, or rail
- Fire, theft, or accidental damage in transit
What's Excluded
- War or nuclear risks
- Delay or consequential loss
- Improper packaging
- Goods not declared under policy
- Inherent vice or spoilage
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