Insurance

Marine Insurance

Marine insurance is one of the oldest forms of commercial insurance in India, governed by the Marine Insurance Act, 1963. It protects businesses against financial loss arising from damage to or loss of cargo, ships, and freight during transit. Indian exporters and importers rely heavily on marine policies to comply with international trade obligations under Incoterms. Policies can cover single shipments or provide open cover for continuous trade flows. With India's coastline spanning over 7,500 km and 12 major ports handling over 1,400 million tonnes of cargo annually, marine insurance is critical for trade-dependent businesses.

3 aliases in market usage12 city-specific guides

Key features

Covers goods in transit by sea, air, rail, and road
Institute Cargo Clauses (A, B, C) determine scope of cover
Open cover policies for businesses with regular shipments
War and strikes risk extensions available
Duty insurance for customs duty recovery
Warehouse-to-warehouse coverage

City coverage guides

Marine Insurance in Mumbai

Comprehensive guide to marine insurance in Mumbai. Understand coverage for cargo transiting through JNPT and Mumbai Port, local risk factors, and key providers.

Marine Insurance in Delhi

Protect Delhi-based cargo and shipments with marine insurance. Coverage for goods via Tughlakabad ICD, inland waterways, and transit risks across NCR.

Marine Insurance in Bangalore

Protect cargo and goods in transit with marine insurance in Bangalore. Coverage for IT hardware, biotech shipments, and aerospace components.

Marine Insurance in Chennai

Protect cargo and vessels at Chennai Port and Ennore Port with marine insurance. Get tailored coverage for hull, freight, and goods in transit.

Marine Insurance in Hyderabad

Marine insurance in Hyderabad covering cargo transit via Shamshabad logistics hub. Protect pharma exports and pearl trade shipments. Get a quote from Sarvada.

Marine Insurance in Pune

Protect Pune-based cargo and shipments with marine insurance. Coverage for goods transiting via Pune-Mumbai Expressway, JNPT port, and inland logistics hubs.

Marine Insurance in Kolkata

Protect cargo and vessels at Kolkata Port and Haldia Dock with comprehensive marine insurance. Get tailored coverage for inland and ocean transit risks.

Marine Insurance in Ahmedabad

Marine insurance in Ahmedabad covering cargo via Mundra Port, inland transit, and warehouse risks for textile and chemical exporters. Get expert guidance.

Marine Insurance in Surat

Marine insurance in Surat covering Hazira port shipments, diamond exports, textile cargo, and inland waterway risks. Get tailored coverage for Surat businesses.

Marine Insurance in Jaipur

Marine insurance in Jaipur for gem, jewellery, and textile exporters. Protect cargo moving through Johari Bazaar trade networks and inland transit routes.

Marine Insurance in Lucknow

Marine insurance in Lucknow for inland transit, cargo via ICD Kanpur link, and goods movement across UP. Get tailored coverage from Sarvada.

Marine Insurance in Kochi

Marine insurance in Kochi covering Cochin Port, Vallarpadam ICTT cargo, and coastal shipping risks. Protect vessels, freight, and goods in transit.