Marine cargo insurance

Phoenix Marine Cargo Policy

Protects importers, exporters, companies and individuals against loss, theft or damage to goods carried by sea or inland waterways such as rivers, lakes and canals. It also covers goods carried by road or rail to and from the port (warehouse-to-warehouse cover), and imports and exports of goods and personal effects by air.

Open cover facility

We provide an open cover marine policy for all imports and exports declared under the facility. It gives you:

• Automatic 24-hour cover for every declared import or export, without exception
• Certainty about your insurance programme for the accounting year
• The premium for each shipment, known well in advance

Cover is comprehensive, on the Institute Cargo Clauses (A) 1/1/82, including war, strikes and civil commotion, for all goods your organisation imports or exports. Importers can also use the policy as collateral when opening letters of credit with their banks.