Cargo & Yacht
Useful information about Cargo and Yacht Insurance
Cargo and Yacht Insurance is designed for domestic and international shipments, logistics operations, boats and yachts. It considers the route, cargo type, transport method and storage stages.
Shipment value, commodity type, packaging, route and annual movement volume are important for a reliable quotation. For marine assets, technical details and usage area should also be reviewed.
In case of damage, reservations should be made against the carrier when necessary, and transport documents should be kept. Photos, invoices and delivery records are key documents for the claim.
Cargo insurance follows your goods wherever they travel — by sea, road, air or rail. Cover can be arranged per shipment or as an open (abonman) policy for regular flows, with wide Institute Cargo Clauses (A) or narrower named-perils conditions. Marine insurance adds hull and machinery cover for vessels and liability products for carriers and freight forwarders, including CMR liability for international road transport.
What is typically covered?
- Physical loss or damage to cargo during transport and transshipment
- Loading, unloading and intermediate storage risks
- General average contributions and salvage charges in sea freight
- Hull and machinery cover for vessels, yachts and service boats
- Carrier's liability (CMR) for international road transport operators
Who is it for?
Importers, exporters, e-commerce sellers shipping abroad, logistics companies, freight forwarders, ship and yacht owners. Incoterms determine who carries the risk on each leg of the journey — we check your sales terms first, so you neither pay for cover you do not need nor discover a gap after a loss.
What sets our agency apart
In transport work hours matter; a waiting cargo usually costs more than the premium. Our agency turns quotes around quickly for both voyage and open cover policies and issues them in line with letter of credit and bill of lading requirements. On international files we handle the correspondence with the correspondent surveyor and the insurer, then explain the process to you in plain terms. Good communication for us means knowing where your file stands at any moment and telling you before you have to ask.