Marine Cargo

During the course of transit from one place to another, the cargo encounters numerous risks which might result in its loss or damage.
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Oriental Insurance undertakes marine risks as under.
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1. Institute Cargo Clause (A)
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This insurance covers All Risks marine insurance cover as per ICC (A) sending by sea.
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2. Institute Cargo Clause (B) & (C)
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Restricted marine risk coverage is also available under ICC B & C
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These type of insurance covers major risks such as fire explosion, grounding of vessel, General Average etc.
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Total Loss cover
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War risk also can be covered under institute war and strike clause.