Welcome to Compare Insurance Home  |  About Us  |  Corporate Portfolio  |  Team  |  Knowledge Share  |  Contact Us
Life
Home
Car
Travel
Medical
Business
Pet
Student
Corporate
Rural
Fire
Shop
Marine
Home » Marine Insurance » ICICI Lombard Marine Insurance
    Categories
Life Insurance
Home Insurance
Car Insurance
Travel Insurance
Medical Insurance
Business Insurance
Pet Insurance
Student Insurance
Corporate Insurance
Rural Insurance
Fire Insurance
Shop Insurance
Marine Insurance
Breakdown Cover
Dental Insurance
Income Insurance
Agriculture Insurance
Industrial Insurance
Bike Insurance
Landlord Insurance
Liability Insurance
Van Insurance
Caravan Insurance
Cat Insurance
Dog Insurance
Weather Insurance
General Insurance

ICICI Lombard Marine Insurance

Marine Export Tansit Insurance Policy

Introduction
The coverage is generally defined by reference to clauses known as Institute Clauses. The ICC ( C ), ICC (B) and and ICC (A) Clauses define different levels of coverage against marine risks and the cargo may be covered subject to any one of these clauses.

Policy Details
There are three three types of covers:
Institute Cargo Clause (C) :  Named Peril basis
Institute Cargo Clause (B) :  Named Peril basis
Institute Cargo Clause (A) :  offers the widest form of cover under Marine Cargo Insurance in so far as it relates to the perils covered. ICC (A) is an unnamed perils clause.

The type of policy available is the S specific policy to cover single consignment or an open policy.

Sum Insured
This is an agreed value policy. Normally, insurance is taken for CIF+10%

Premium
Rate depends on factors like nature of cargo, scope of cover, packing, mode of conveyance, distance and past claims experience

Significant Exclusions
This P policy does not cover loss or damage due to wilful misconduct, ordinary leakage, improper packing, delay, inherent vice, war, strike, riot and civil commotion.

Main Extension
On payment of additional premium, I nsured can opt for certain extensions to the cover provided under the policy.Extensions available are include War, Strike, Riot and Civil Commotion and Duty Insurance Cover.

Marine Inland Transit Insurance Policy

Introduction
This Policy broadly covers the risk of physical loss or damage to the Insured's goods (machinery, raw materials, finished goods etc.) during transit under a contract of affreightment.

Policy Details
Scope of cover
There are two types of covers:
“Basic Risk Policy” covers loss or damage to specified goods caused by fire, lightning, breakage of bridges, overturning of vehicles, collision with or by carrying vehicle, subject to specified exclusions.

“All Risks Policy” covers all risks of loss or damage to specified goods, subject to exclusions.

Sum Insured
This is an agreed value policy. Normally, insurance is taken for CIF+10%

Premium
Rate depends on factors like nature of cargo, scope of cover, packing, mode of conveyance, distance and past claims experience

Significant Exclusions
This Policy does not cover loss or damage due to wilful misconduct, ordinary leakage, improper packing, delay, inherent vice, war, strike, riot and civil commotion.

Main Extension
Extensions available include strike, riot and civil commotion.
1 2 3
 
    Top Searches
Life Insurance
Home Insurance
Car Insurance
Corporate Insurance
Student Insurance
Medical Insurance
Travel Insurance
Fire Insurance
    Top Providers
ICICI Prudential Life
SBI Life Insurance
Life Insurance Corp.
Bajaj Allianz Insurance
United India Insurance
 
Home  |  Privacy Policy  |  Career  |  Media / Press  |  Useful links  |  FAQs  |  Site Map
© compareinsurance.co.in 2010 – All rights reserved