The ONE Marine Cargo Policy is designed to provide tailor-made solutions for import and export of goods.

Target Market

  • Large corporate companies
  • Listed entities
  • Multinational companies
  • Local small, medium-sized and large business enterprises¬†

Specialist Features

  • ONE is able to provide a complete insurance solution for the marine client, inclusive of liability cover
  • Facultative individual marine policies or certificates of insurance are issued for a certain period, usually a specific voyage shorter than three (3) months
  • The premium for annual twelve-month cover based on deposit, is calculated from the estimated value of shipments, and adjusted at the end of the policy period on the actual value of shipments
  • Rates for open policies are agreed in advance, and premiums only paid once the shipments are declared
  • Stock throughput cover for the import and local transit of cargo, and cover for stock exposure whilst in storage, are combined into a single policy

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