The smart way to move marine cargo
If you send cargo regularly, a Marine Cargo Open Policy will ensure that your cargo is covered without you having to tell us about each individual shipment, so you can concentrate on running your business.
A Marine Cargo Open Policy sets out
- The name of the insured
- A general description of your goods
- The countries involved
- The maximum values covered under the policy
- How the goods will be valued
- The terms and conditions of insurance
Premium payment options
If you’re taking out a Marine Cargo Open Policy with us, there are two ways to pay your premiums.
You can pay the premium annually with a minimum and deposit premium payable at the beginning of the period. The premium is then adjusted at the end of the year based on the value of goods you actually sent.