Logistics professionals inspecting containerized cargo at a freight depot

Business & Personal

Marine
Insurance

Covers all risks of physical loss or damage to the whole or part of the property declared in the course of transit by the declared means of conveyance including loading and unloading risks.

Get Covered

At a glance

The terms behind your cover.

A logistics professional checking a container shipment beside a freight truck

Excess

10% of claim, minimum Ushs. 250,000.

Mode of Transport

Road/Rail/Air/Sea.

Geographical Cover

Worldwide.

Basis of Valuation

Invoice cost + Freight + Incidental costs.

Notes

This quotation is valid for 30 days from the date hereof.

What the policy covers

Covered risks, explained simply.

All risks cover

Loss or damage to property from any cause not excluded.

Loading & unloading

Covers loading onto and unloading from the conveyance.

Road transit

Cover for property carried by road vehicle.

Rail transit

Cover for property carried by passenger or goods train.

Sea transit

Cover for property carried by ship or boat.

Air transit

Cover for property carried by aircraft.

Temporary storage

Cover while property is temporarily housed during transit.

Territorial limits

Cover applies within the policy's territorial limits.

Extensions

Additional protection included in the policy.

Riot,strike & civil commotion,malicious damage

Included as an extension.

Loading & unloading risks

Included as an extension.

Transhipment storage

30 days at Premises.

Vehicle Load

Included as an extension.

Rail and/or road risks clause

Included as an extension.

Premium payment warranty

30 days.

Storm, flood and earthquake endorsement

Included as an extension.

30 days notice of cancellation

Included as an extension.

Claims preparation costs

Limit Ushs. 5,000,000.

Clauses

Clauses that form part of the policy.

Institute Cargo Clause (A)
Institute T.P.N.D Clause
Rail and/ or Road Risks Clause
Excess Clause
Premium Payment Warranty
Malicious Damage Clause
Institute war Clause
Riot & civil commotion

Exclusions

What this policy does not cover.

Dishonest acts of your employees

Losses arising from the dishonest acts of your employees.

Explosives or dangerous goods

Loss or damage caused by explosives or goods of dangerous nature carried by the conveyance excluding chemicals, paints & thinners.

Wear & tear, moth, vermin, insects, rusts

Loss or damage due to wear & tear, moth, vermin, insects, rusts.

Self ignition or inherent vice

Loss due to self ignition or inherent vice of the cargo itself.

Partial or non delivery

Loss due to partial or non delivery.

Claims process

How a claim works.

01
Report the incident

Tell us what happened, where, and when — as early as you can.
02
Share the documents

Send your policy details, transport records and invoices.
03
Assessment confirms cover

An assessor reviews the loss and confirms your cover.
04
Settlement

Once approved, settlement follows the policy terms and excess.