Marine, Aviation and GIT Insurance
Cargo Insurance
Aircraft Insurance
Marine Hull Insurance
Marine
Insurance was originally for perils which caused loss or damage to a
ship’s cargo. Due to the
fact that many destinations are located inland, this insurance has been
extended to overland transits which cross frontiers.
For cargo transits within a country, goods in transit (G.I.T.)
insurance is available. For
both marine and G.I.T. risks, the following policies can be arranged.
| MARINE CARGO |
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Specific policies can be issued to clients whose imports and/or exports are not regular. These relate mainly to household goods and personal effects transported into or out of the country, and can be issued to cover specific consignments on a one-off basis. Where a continuous flow of business is expected from a client, the Corporation will recommend an open cover. This type of policy gives protection on a blanket basis and covers all the imports or exports of that client from the date of inception of the contract. An open cover has certain advantages to the client including the following: a.) a client has forward cover at agreed insurance rates and can budget in advance and fix his prices accordingly. b.) A working relationship can be established between client and Insurer as the client does not have to deal with any other Insurance companies perhaps in different countries. |