Annual Marine Cargo Insurance

Convenient insurance of all shipments where the client's risk attaches during the policy period. Premium is by deposit, adjustable on actual declared value of annual shipments. Best suited to insurance of imports but can apply to exports.

Imports/Exports

Cover for commercial goods being imported or exported to/from Australia.

Combined policies can be issued in conjunction with the inland cover, which is written on a separate wording (see below).

Standard Institute Clauses are used in conjunction with plain language General Cargo Policy/Conditions which automatically includes commonly requested broker extensions, for example:

	Accumulation Clause
	Acquired Companies Clause
	Antiques, Paintings and Pictures Clause
	Automatic Reinstatement Clause
	Brands and Labels Clause
	Debris Removal Clause
	Deck Shipments Clause
	Delayed Unpacking Clause
	Duty Payable Clause
	Exchange Rate Clause
	Expediting Expenses Clause
	Extended Transit (Loading/Unloading) Clause
	FOB & CFR Pre-shipment Clause
	Fumigation Expenses Clause
	General Average and Salvage Clause
	Insolvency Exclusion Modification Clause
	Insufficiency of Packing Exclusion Modification Clause
	Loss of Media/Data/Information Clause
	Non Contribution Clause
	Overcarried Clause
	Packaging & Containers Clause
	Packers Clause
	Pairs and Sets Clause
	Reconsigned/ Reshipped Clause
	Replacement Clause – Used Machinery
	Sealed Container Clause
	Shut Out Clause
	Strikes Diversion Expenses
	Unseaworthiness and Unfitness Exclusion Modification Clause

Inland

Annual Inland Cargo cover for commercial clients.

Plain language inland Local Goods In Transit wording contains many of the commonly requested broker clauses automatically.

For more information or a quote on this product please contact us.