Marine Cargo Insurance covers loss or damage to the cargo carried in a vessel or aircraft, whether on domestic or international journeys, that include three sets of Clauses Clause A, B, C, with different levels of coverage and exclusions ranging from Basic coverage to All Risk coverage, as specified by the Institute Cargo Clauses formulated by the Institute of London Underwriters.
Marine P&I Club
P&I Club Insurance is an international policy that provides cover to ship-owners, operators, and charterers for third-party liabilities encountered in the commercial operation of entered vessels, according to the "International Standard".
Marine Hull Insurance covers the Boat’s Hull (The vessels itself excluding the cargo) from any physical damages caused.
Marine Cargo Insurance covers any Cargo (specifically the cargo excluding the vessel).
The coverage can range from simple policies to all risk policies depending on the insurance requested, whether it is by sea or air.
Marine Land Transit
Marine Land Transit Insurance covers loss or damage to the cargo by land transit or a combination of several transportation methods ranging from Basic coverage to All Risk coverage, as specified by the “Institute Cargo Clauses” formulated by the “Institute of London Underwriters”.
Flouka is an Online Marine Insurance Product for Pleasure Boats, it is a Marine Hull insurance that covers physical damages for the Hull (The Body of the Pleasure Boat itself), as well as the Liability of the Insured towards any Third Party.