SME & Commercial Insurance

Marine Insurance

Insurance assistance for eligible risks associated with transportation of goods and cargo. Marine insurance protects businesses against financial losses that may occur during the transit of goods by sea, air, rail or road.

Who May Benefit

  • Import and export businesses
  • Manufacturers shipping goods domestically or internationally
  • Logistics and freight forwarding companies
  • Traders dealing in high-value goods
  • E-commerce businesses with significant shipping volumes

Key Benefits

  • Coverage for goods during transit
  • Protection against loss, damage or theft
  • Inland and overseas transit coverage
  • Warehouse-to-warehouse coverage options
  • Single transit and annual open policy options
  • Coverage for all modes of transport

Typical Requirements

  • 1Nature and value of goods being transported
  • 2Mode of transport (sea, air, road, rail)
  • 3Transit route details
  • 4Packaging and handling information
  • 5Previous claim history

Documents Typically Required

  • Business registration documents
  • Invoice and packing list
  • Bill of lading / airway bill
  • Import/export licence (if applicable)
  • Previous insurance policy (if renewal)
  • Details of goods and transit route

How The Process Works

1

Submit your marine insurance inquiry with cargo details

2

Our team reviews your transit insurance requirement

3

Receive suitable marine insurance options

4

Select coverage type and policy terms

5

Complete documentation

6

Policy issued by the insurance company

Frequently Asked Questions

Marine cargo insurance covers goods being transported, while marine hull insurance covers the vessel itself. ONEWISESTEP primarily assists with marine cargo insurance for businesses.

Yes, single transit policies are available for individual shipments. For regular shippers, an annual open policy may be more convenient and cost-effective.

Marine insurance can cover goods transported by sea, air, road and rail, despite the name 'marine' insurance.

Interested in Marine Insurance?

Submit your details and our team will contact you within 24 hours.

Your information is secure and will not be shared.