Marine Cargo Insurance affords financial protection against loss or damage to cargo transported from one situation to another. The transportation can be by sea, air or on land. The All risks cover in Marine Cargo provides the widest coverage with some known exclusions such as inadequate or unsuitable packing, inherent vice of the cargo transported, delay in transit etc. Cargo Policies can be extended to cover the perils of War, Strike, Riot and Civil Commotion.

The Cargo policies can be availed for a single one-time transit or on an annual basis for periodical transits. The terms of the contract of sale guides who should take this policy.