Carrying goods is an essential part of your business. Protecting them whilst in cargo is an inescapable need for you. We understand you! Trust has created an essential program designed according to the international standards. Choose Marine Insurance and have one less thing to concern about.
This insurance policy is in line with the international insurance standards adopted internationally by the shipping and insurance market and applies to most countries in the world.
The premium in compare to the value of the goods is very low so the insurance becomes a safe way out.
Aimed at individuals, importers or exporters of goods or people engaging in transit trade.
The goods are insured in accordance with the international freight insurance standards based on London Institute Cargo Clauses and the most basic are the following:
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Marine insurance is not liability insurance. It is a contract of indemnity. It covers any damages or loss of cargo, ships, shipyards, floating equipment, etc. There is also personal Marine Insurance aimed at individuals who own watercrafts, yachts, megayachts or other types of leisure crafts.
Marine Insurance policies are in line with the international insurance standards embraced by the shipping and insurance market globally and apply to most countries in the world.
Marine insurance is obligatory for all ship owners, cargo owners, and shipping corporations that use vessels for commercial or transportation purposes.
Comprehensive marine insurance plans cover damages or loss of vessels caused by theft, fire, collision, sea dangers and third-parties. It may not cover, though, theft that incurred when the vessel was left unattended. Talk to one of Trust’s experienced insurance agents for more information on marine insurance Cyprus.
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