Marine Cargo Insurance
We provide Marine Cargo insurance for small and large companies across many sectors including construction, manufacturing, engineering, retail, distribution, technology and motor trade.
Our current clients include individual sole traders and large firms with hundreds of employees.
We get the best quotes because we work with more than 40 specialist insurers across Ireland, UK & Europe.
We also have a team of qualified and experienced professionals as well as dedicated claims handlers.
What is Marine Cargo Insurance?
Any business that has goods moving around either via own vehicles or external freight companies has a requirement for marine cargo insurance. This form of insurance provides protection to companies if their goods sustain damage or loss whilst in transit by road, sea or air.
Freight companies and haulage contractors generally limit their liability for damage occurring during transit and a marine cargo policy can cover the shortfall. In addition haulage and freight companies need to insure their liability for goods in their care, custody and control and a marine policy provides this protection.
Cover is always subject to the policy terms and conditions.
Examples of Marine Cargo Insurance Claims
✓ A manufacturing company held an annual marine cargo insurance policy to cover shipments of raw materials coming from China. A shipment was damaged during a transit and the company claimed for the loss from their marine cargo insurance policy.
✓ A furniture company was using a haulage contractor to deliver product to customers. During one such transit a truck overturned and damaged the product. The haulage company was carrying the goods subject to IRHA conditions which in this case only covered 5% of the damaged goods. The furniture company was able to claim for their marine cargo policy for the loss.
✓ A haulage contractor was carrying goods for a machinery company when their truck was involved in an accident. The machinery in transit was damaged and the haulage contractor claimed from their marine cargo liability policy for the loss.
Why purchase Marine Cargo Insurance?
Any business that has goods moving around either via own vehicles or external freight companies has a requirement for marine cargo insurance. This form of insurance provides protection to companies if their goods sustain damage or loss whilst in transit by road, sea or air.
Freight companies and haulage contractors generally limit their liability for damage occurring during transit and a marine cargo policy can cover the shortfall.
SPEAK TO AN EXPERT
Karl Maguire
Certified Insurance Practitioner
T: 0494327085
E: karl.maguire@mib.ie
“We have been dealing with Martin Insurance for many years, and it’s the personal service that keeps us coming back year after year.”
“We have been a customer of Martin Insurance for a number of years on business and vehicle insurance. We have always been extremely happy with the expertise and service we received from their knowledgeable and helpful staff, and have no hesitation in recommending them to any business owner.”
“We have been a customer of Martin Insurance for business and vehicle use for a number years now and they always provide a friendly, efficient, reliable and professional service. Each year we know they are looking after our needs and making sure we get the best service and customer care. We would have no hesitation in recommending Martin Insurance to provide the correct cover for your needs.”