Marine Insurance
The Econorisk Marine Product covers all modes of transport while the goods are in transit, including sea, air, road and rail, both locally and internationally.
Econorisk offers tailor-made insurance and risk management solutions, providing cover that will best suit the unique characteristics of the commodities being transported, including complex type risks.
The world of marine is characterised by unpredictability, which can have catastrophic impacts on your business. Our specialist marine team has experience in the marine placement and the servicing of corporate /multi-national marine businesses.
They are available to assist you with technical advice, risk control matters, as well as provide you with the information necessary to allow you to make informed decisions regarding the adequacy and type of cover you require.
We provide two types of Marine Policies:
OPEN POLICY
This covers all the different transits of the insured, whether owner-driven or transported by carriers for a twelve-month insurance period.
FACULTATIVE / ONCE OFF
This covers a single defined trip from one place to another, as and when required by the insured. The insured can be selective in choosing which transit they would like to insure, and which transits they elect to self-insure.
Various premium payment structures are available to best suit the insureds financial preferences.
Markets We Serve:
IMPORTERS / EXPORTERS
WHOLESALERS
TRANSPORTERS
MANUFACTURERS
CARGO OWNERS
CONTRACTORS
RETAILERS
SHIP OWNERS
MULTINATIONAL COMPANIES
Marine Insurance Coverage Offered:
MARINE CARGO
INSURANCE
MARINE LIABILITIES:
SHIP REPAIRS
LEGAL LIABILITIES
MARINE STOCK
THROUGHPUT
MARINE LIABILITIES:
CARRIERS
LEGAL LIABILITIES
MARINE HULL
INSURANCE
ADVANCE LOSS OF
PROFITS / DELAY
IN START UP
GET IN TOUCH
For tailored cover to suit your marine requirements, contact Econorisk on marine@econorisk.co.za
