Why do we need Cargo Insurance…? Marine Insurance is optional depending cargo owner’s attitude to risk. Freight forwarders do not ensure your shipment automatically, but depending on the nature of your goods and value, your freight company should be able to arrange full cargo insurance on your behalf.

loss of or damage to the subject-matter insured reasonably attributable to fire or explosion

vessel or craft being stranded grounded sunk or capsized

overturning or derailment of land conveyance

collision or contact of vessel craft or conveyance with any external object other than water

discharge of cargo at a port of distress

loss of or damage to the subject-matter insured caused by

general average sacrifice


Clause C term plus below

loss of or damage to the subject-matter insured caused by

general average sacrifice

jettison or washing overboard

entry of sea lake or river water into vessel craft hold conveyance container or place of storage

total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft.

All risks are covered. Please do remember that “All risks” are not “All Risks” in that there has to have been a happening.  Something has to have happened which is NOT EXPECTED. All the clauses covers general average plus “Both to Blame” collisions.

They also have exclusions which are clearly spelt out in clauses 4, 5, 6 and 7 in the clauses.


Only A Clauses covers piracy.

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