Open Marine Insurance

Continuous cargo coverage for your business—all year round.
Open Marine Insurance provides comprehensive and automatic coverage for all shipments made by a business over a specified period, typically a year. Unlike per-shipment policies, an open cover ensures every consignment is protected under a single agreement, making it ideal for businesses involved in frequent imports, exports, or inland cargo movement.

✅ Key Features:

• 📦 Automatic coverage for multiple shipments without individual declarations
• 🌍 Covers international and domestic cargo transported by sea, air, rail, or road
• 🛠 Protection against loss or damage from fire, theft, accidents, natural disasters, and more
• 🧾 ITC (A/B/C) compliance to suit different risk levels and commodities
• 🔁 Flexible terms: annual or custom durations based on volume and frequency
• 🔒 Customizable to include warehousing, loading/unloading, and inland transit

🚢 Who Needs Open Marine Insurance?

• Exporters and importers
• Manufacturers with regular dispatches
• Traders dealing in bulk cargo
• Logistics providers and freight forwarders
• E-commerce and distribution companies

📈 Benefits of Open Cover:

• ✔️ One-time policy issuance for ongoing cargo movements
• ✔️ Reduces admin work—no need to issue separate policies per shipment
• ✔️ Simplified premium calculations and risk assessment
• ✔️ Faster claims settlement process
• ✔️ Tailored clauses for your cargo type, routes, and destinations

🧭 Why Choose Our Open Marine Insurance?

• Whether you're shipping machinery overseas or moving goods between cities, delays and damages can disrupt business. Our Open Marine Insurance gives you peace of mind with uninterrupted protection—so your cargo is always covered, without the paperwork.

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