Call WhatsApp Quote Claims
Home / Insurance / Marine Cargo & Transit Insurance
Specialist Insurance

Marine Cargo & Transit Insurance

Goods in transit by road, rail, air or sea — with real depth in high-value and fragile shipments.

Exporter / warehouse
Road transit
Port / airport
Sea / air freight
Destination
Overview

What is Marine Cargo & Transit Insurance, and why does it matter?

Marine cargo insurance covers goods against loss or damage while in transit — whether that's a single shipment or a continuous flow of consignments across a year. Despite the name, it covers inland, air and multimodal transit as well as sea freight, and is central to any business that regularly ships goods, including exporters, importers and traders in high-value goods.

Who should consider this

Risk

Risks this cover helps address

Coverage

What can be covered

Marine Open Policy

A standing policy that automatically covers every shipment made over a policy period, without arranging cover shipment-by-shipment.

Specific Voyage Policy

Cover arranged for a single shipment or voyage — useful for occasional or one-off shipments.

Inland transit

Cover for domestic movement by road, rail or air, separate from or combined with international marine cover.

Import / export cover

Cover structured around Incoterms and the point at which risk transfers between buyer and seller.

Increased Value / project cargo

Add-ons for shipments whose value or complexity goes beyond standard cargo terms.

Optional covers & add-ons

Read carefully

What's typically excluded

Every policy is different — this is a general guide to the kind of exclusions common in this category, not a list for any specific policy.

Buying & documentation

What affects your premium, and what you'll need

Premium factors

  • Nature and value of the cargo
  • Mode of transport and route
  • Packaging standard
  • Claims history
  • Open Policy vs. single-shipment cover

Documents usually needed

  • Commercial invoice
  • Packing list
  • Bill of lading / airway bill / transport document
  • Certificate of origin, where applicable
  • Proposal or declaration form for Open Policy shipments
If something happens

How a marine cargo & transit claim works

1

Protect and document

Secure remaining goods and photograph the damage, packaging and surroundings before anything is moved.

2

Notify the carrier

Tell the transporter, shipping line or courier immediately, in writing where possible.

3

Notify us or your insurer

Share your policy details, shipment documents and a description of the loss.

4

Collect shipping & commercial documents

Invoice, packing list, transport documents and any carrier correspondence.

5

Survey and assessment

The insurer may arrange an independent survey, particularly for larger claims, before settling.

For full step-by-step guidance and a claim assistance form, visit the Claims Centre →

Learn more

Understanding Marine Cargo & Transit Insurance

Video Guide Coming Soon

We're preparing a short explainer on marine cargo & transit insurance. In the meantime, the sections above cover the essentials — or get in touch with a question.

FAQ

Frequently asked questions

Do I need a policy for every shipment, or one standing policy?

If you ship regularly, a Marine Open Policy usually works out simpler and more consistent than arranging cover shipment by shipment. Occasional shippers often prefer a Specific Voyage Policy instead.

Whose responsibility is cargo insurance — buyer or seller?

It depends on the Incoterms agreed in the sale contract, which determine when risk transfers between buyer and seller. We can help you understand what your specific shipping terms imply.

Is jewellery in transit covered under a standard marine policy?

High-value goods like jewellery and gemstones are usually written under specialist terms rather than a generic cargo policy — see our Jewellers Block Insurance page, or talk to us about combining both.

You may also need

Related cover worth considering

Ready to get a marine cargo & transit quote?

Tell us what you need covered — no payment or policy details required to start the conversation.

Actual coverage, exclusions, limits, deductibles, eligibility and terms depend on the insurer, the policy you select and underwriting. This page is general information, not a quotation or a guarantee of cover — nothing here is a substitute for reading your policy wording, and no coverage exists until a policy is issued by the insurer.