Offers financial indemnity for losses as a result of Fire, Lightening, earthquake, tornado, bushfire, tempest, impact, flood, subterranean fire, and explosion. Etc.
- Guarantees indemnity in the event of financial losses as a result of voyage mishap like sinking or stranding of carrying vessel, piracy, water damage to goods, jettison etc.
- Coverage is for freight & cost of goods plus handling charges
- Cover can be granted from the point of shipment/ loading to the insured’s final warehouse/point of discharge