Solutions for the unexpected
If you’re transporting goods through the water, air, roads or rail, marine insurance can make a world of a difference in your operations. The main benefit of marine insurance is that it provides financial protection against any kind of loss or damage to goods during transit. It also helps in protecting your goods from theft or piracy. Additionally, marine insurance can help in reducing the cost of shipping and provide coverage for additional costs incurred due to unexpected delays or accidents that can happen at any time.
When do I need marine insurance?
Marine insurance is essential when you’re in the business of transporting goods. It can provide coverage for any legal liabilities that may arise due to the transportation of goods anywhere in the world. Marine insurance also helps you secure larger deals by providing peace of mind to the shipper, as it ensures that their goods are safe and secure during transit. Additionally, it is important to note that marine insurance can help in providing financial protection against any kind of losses or damages caused by natural disasters such as storms, floods, and earthquakes.
When it comes to additional costs incurred due to delays or accidents, marine insurance can help cover the cost of repairs, replacement parts, and other related expenses while also providing coverage for any legal liabilities that arise including claims made by third parties who may have been affected by the accident or delay.
Primary Marine Insurance Coverages:
- Cargo liability
- Commercial property coverage
- Hull insurance
- Inland marine liability
- Marine liabilities
- Transportation exposures
Contact ZRM Brokerage to ship confidently.