What is Marine Cargo Insurance?
Marine cargo Insurance is the insurance of property as it moves from place to place. The word ‘marine’ conjures up the sea and foremost in the minds of the writers of the Marine Insurance Act 1906 (MIA) was indeed sea transits. While the Act in its opening sections refers to ‘marine losses’ and to the ‘marine adventure’ and to ‘maritime perils’, marine insurance departments insure property conveyed by aircraft and road and rail vehicles as well. Many transits, particularly international ones require two or more types of transport and the Act makes provision for them
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January 9th, 2008 at 10:55 pm
I am looking for an insurer for my shipments of frozen meat and foodstuff from New Zealand, Australia, Brazil, Argentina, Europe and India.