Keeping your afloat amidst life’s unpredictable currents, CICL offers pre-emotive Marine Insurance solution to cover every contingency.
It covers loss or damage to the consignment at the time of loading to attach with Institute Cargo Clauses, Strike/ War + other Terms & Conditions based on the commodity.
An annual policy subject to receiving Actual Transporting at the end of the Policy period (for Goods in Transit is issued for local Transportation only).
Mainly Hull policies are issued for Fishing Boats either Comprehensive or Total Loss basis.
It covers one location to another only. (for Goods in Transit is issued for a particular Transit only).