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Marine Insurance

The coverage Insures goods in transit from one place to another by any means of transport (road, rail, air, sea and courier)

Types of Marine Insurance

1. Perils Covered by the ICC (A)

The ICC (A) conditions are “all risks” clauses which is to say they cover all fortuitous loss; no specific perils being mentioned therein. Nevertheless, cover is subject to a list of excluded perils.

2. Perils covered by the ICC (B&C)

These clauses unlike the ICC(A) covers only the named perils as listed below with ICC(C) having the least perils covered

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Marine Insurance

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