The ONE Marine Cargo Policy is designed to provide tailor-made solutions for import and export of goods.
- Large corporate companies
- Listed entities
- Multinational companies
- Local small, medium-sized and large business enterprises
- 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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