Hull
A Marine Hull Insurance policy provides protection to the hull and machinery of ocean-going and other vessels operating along waterways from damage due to a range of perils. Cover can either be granted on a total loss or partial loss basis.
Cargo
Marine cargo insurance coverage includes loss or damage caused to the shipment/cargo from perils such as – sinking, collision, burning, weather conditions, navigation errors, theft, jettison, improper stowage by the carrier, hook damage, strikes, war, fire and natural perils.
Transit
Cargo is not only moved by sea but also moves through land within Sri Lanka, and may require a separate inland transit policy. The coverage can differ between an All Risks policy to a more limited total loss cover of the carrying conveyance.
