Marine Cargo & Transit Insurance in Chennai

Cargo cover for import, export and inland transit

Marine cargo cover follows the goods rather than the vehicle, and the critical question is where your responsibility begins and ends under the Incoterms in the contract. Institute Cargo Clauses A, B and C differ substantially in what they pay for. We place open covers and specific transit policies for importers, exporters and domestic movements, and handle survey and claim documentation.

Cargo through Chennai Port, Ennore and Kattupalli

For cargo moving through Chennai Port, Kamarajar Port at Ennore and Kattupalli, an open cover attaches to every consignment automatically, so no shipment sails uninsured because a declaration was missed. Customs brokers and freight forwarders around Parrys Corner and the port carry a different risk - liability to the cargo owner for errors in handling, documentation or storage - and that needs a freight forwarder liability policy, not a cargo policy. Single marine transit policies can be arranged entirely online: send the invoice, packing list and route by email and there is no office visit.

Marine Insurance

Any manufacturing and trading business will have raw materials and products. These items need to be moved from suppliers premises (within India or Outside India) to the manufacturing locations, sub contractor premises and the final products need to move from the manufacturing plant to the consumer directly or thro dealers or to central warehousing locations.
When such transportation happens by any mode of transportation, there can be exposures which can result in damage to the goods or loss or damage to the people in the surroundings.
Such risks are covered by the Marine Transit Insurance policies and marine Liability Insurance polices
SmartTech Experts can asses the risk exposure to any business from the Marine transit perspective and device Custom made solutions to handle the same..