1 CARGO: This policy issued here is to provide indemnity for loss or damage to imported goods being conveyed by sea or air. The All Risks type of cover known as Clauses “A” provides indemnity to the insured in the event of total or partial loss of the goods while the restricted cover known as Clauses “C” would provide indemnity in the event total loss only.

To enable us determine the premium payable in this regard, we would require information on the nature and value of goods being imported as well as the type of cover required.

2 HULL: This type of policy is issued on vessels and yachts to provide indemnity for any loss, damage or liability that may arise from their use. The scope of cover provided is either an “all risk” or “total loss only” while the policy usually carries a deductible of about 10% of the value of the vessel or yacht.

To enable us submit quotation for the risk, we require the current inspection report done by a qualified marine engineer on the vessel, the type of cover required as well as the value of the vessel.