Our Services
Marine Cargo Insurance
At Minaris, we specialise in marine cargo insurance that safeguards your goods during sea, air, and land transportation. Whether you’re importing raw materials or exporting finished products, our tailored coverage protects you from loss, damage, or theft in transit. With global expertise and local support, we ensure your cargo arrives with peace of mind.
BUSINESSES WE CAN COVER
- Manufacturing, Transportation, Retail and Construction companies as well as a multitude of other businesses
- Infrastructure projects (Project Cargo) with coverage of consequential losses (ALOP – Advanced Loss of Profit)
- Freight services (such as forwarding agents wishing to offer Freight Transport insurance to their customers)
- SMEs, multinationals and in general, all exporters and importers
Marine Cargo Insurance / Goods In Transit
As goods cross borders by land, air or sea, maintaining control over them becomes increasingly difficult. Globalisation has made trade with less developed countries a reality, where weaker logistics infrastructure and theft may pose threats to freight delivery.
WHAT IS COVERED?
The policy provides comprehensive cover against risks of loss or damage for goods in transit from point A to B by sea, air (including courier) and land.
Depending on the policy chosen, marine cargo insurance can cover a wide range of scenarios. Typical coverage includes:
- Damage from vessel collisions or grounding
- Theft or loss of cargo
- Fire, explosion, or other natural disasters
- Rough handling at ports or during loading/unloading
- General average contributions
- Warehouse-to-warehouse coverage (if selected)
Policies can be tailored to suit the nature of your goods, shipping routes, and frequency of transport.
What Is Marine Cargo Insurance?
Marine cargo insurance is a specialized type of insurance that covers goods and merchandise while they are being transported by sea, air, or land. It protects cargo owners against potential losses or damages that may occur during transit. Unlike general marine insurance which may also cover ships (hull), crew, and liability, marine cargo insurance focuses solely on the cargo being shipped.
Whether you are an importer, exporter, freight forwarder, or logistics company, marine cargo insurance gives you peace of mind by ensuring that your goods are financially protected during the entire journey.
Why Marine Cargo Insurance Is Important for Businesses
Shipping goods—especially internationally—comes with many risks. Cargo may be damaged in transit due to rough sea conditions, accidents, natural disasters, or theft. Without proper insurance, your business could suffer serious financial losses.
Marine cargo insurance provides:
- Protection from partial or total loss of goods
- Financial security against unexpected disruptions
- Increased credibility when dealing with international trade partners
- Peace of mind to focus on your core operations
Types of Marine Cargo Insurance Coverage
There are several types of marine cargo insurance available to meet different shipping needs:
All-Risk Coverage
Covers all physical loss or damage from external causes, unless specifically excluded.
Named Perils Coverage
Covers only those perils explicitly listed in the policy (e.g. fire, stranding, sinking).
Open Cover Policy
Ideal for businesses that ship goods frequently. It covers multiple shipments under one agreement.
Single Shipment Policy
Suitable for one-off or occasional shipments. Coverage ends when the cargo reaches its destination.
Who Needs Marine Cargo Insurance?
Marine cargo insurance is crucial for any business involved in the shipment of goods. This includes:
Importers and exporters
Manufacturers shipping raw materials or finished products
Freight forwarders and logistics providers
E-commerce businesses engaging in international trade
If your cargo is high-value or your routes involve multiple handling points, insurance is not just optional—it’s essential.
Why Partner with Minaris?
Customisation
Solutions aligned with your company culture, budget, and employee requirements.
Expertise
Dedicated, responsive account management to ensure smooth implementation and administration.
Insight-driven
Proactive analysis of claims trends to enhance employee wellness and control costs.
Transparency
Competitive and clear pricing, ensuring no hidden surprises.
Our Marine Insurance Services
In addition to marine cargo insurance, Minaris also provides:
- Hull Insurance – Protection for ships and vessels
- Marine Liability Insurance – Covers legal liabilities from accidents, damages, or environmental incidents
FAQ About Marine Cargo Insurance
No, but many international trade agreements or shipping companies may require it. It’s strongly recommended for risk mitigation.
Cost depends on factors like shipment value, destination, type of goods, and coverage level.
Typically, you’ll need a bill of lading, commercial invoice, insurance certificate, and a damage report or survey. Contact us to know more.
Get a Free Marine Cargo Insurance Quote
Ready to protect your next shipment?
Contact Minaris today for a free consultation and personalised quote. Our team is here to ensure your goods are covered—from port to port, warehouse to warehouse.