Inland Marine Cargo Insurance
Reduce the risk of financial loss of importing and exporting for your businesses.
Product Highlights
Marine Cargo Insurance
Marine Cargo Insurance provides cover for the financial loss or damage to cargo due to the total loss of a vessel while in transit until it reaches its final destination.
Sum Insured
Cargo value/CIF Value/Cargo value + 10%
Basic Premium
The premium for port risk is 10% on the basic premium.
Stamp fees MMK 10.00 on Sum Insured MMK 100,000/-
Coverage & Benefits
What is covered
*A partial loss is not eligible for compensation.
Insurance Eligibility
Who can insure
Cargo owners
Authorized Agents
Traders
Forwarders
Insurance Period
Single Voyage (From one location to another)
Related Products
Personal Lines Insurance
Marine Hull Insurance
KBZMS's Marine Hull insurance provides businesses with comprehensive coverage for hull and machinery of vessels operating both inland and overseas.
Commercial Lines Insurance
Overseas Marine Cargo Insurance
Overseas marine cargo insurance provides indemnity for both the Total and Partial loss or damages caused to marine cargo that are transported by sea or air and can also be extended for connecting transit by land.
