Frequently Asked Questions about Marine Insurance

• Trader
• Manufacturer
• Transporter (Exporter/Importer)
• Any other individual

Inland cargo insurance does not cover damages/losses to transited goods in case of strike, riot, civil commotion and war

C = Cost/invoice value (The purchaser's purchase cost, or the seller's selling price) I = Insurance premium F = Freight charges Plus (+), 10% to cover currency fluctuations or additional freight costs

• Easy application procedure
• Instant claim registration
• Minimum documentation is required
• Simple survey process
• Quick claim verification and settlement

• Original Goods Invoice
• Certificate of Damage
• Letter of Subrogation
• Photographs for proof of damage
• NEFT mandate – canceled cheque or bank passbook copy