Marine Cargo & Logistics Insurance
Secure global ocean freight, domestic inland transit, and air cargo movements. Protect your merchandise against maritime perils, port handling damage, pilferage, and supply chain disruptions.
Global Maritime Protection
End-to-end Institute Cargo Clause (ICC-A) coverage across 180+ global shipping corridors and domestic road networks.
Shipment Journey Timeline
BP & AF protects every step.
Supplier
Origin Pick-upWarehouse
Transit StagingLoading
Dock HandlingTransit
Highway/RailPort
Customs HoldDelivery
Ocean/Air LegCustomer
Final ReceiptBusinesses Protected
Cargo Insured
Claims Assistance
Port Network
Build Your Marine Insurance
Configure your cargo protection according to shipment type, cargo value and transit requirements.
Customize your coverage and receive a personalized quotation from BP & AF Insurance Brokers.
Select Shipment Type
Choose policy structure for your logistics operations.
Inland Transit
🚛 Road & RailDomestic cargo transit across Indian highways and railway networks.
Import Cargo
🚢 Ocean & AirInbound merchandise arriving from overseas ports or international airports.
Export Cargo
📦 Global OutboundOutbound freight shipped to foreign buyer destinations worldwide.
Open Marine Policy
🔄 Annual UmbrellaContinuous 12-month policy covering all annual dispatch declarations.
Specific Transit Policy
📄 Single VoyageDedicated single-consignment cover for high-value or project shipments.
Your Marine Plan
🔒 Instant proposal parameters generation with 1-click email launch.
Industries We Protect
We structure specialized marine policies tailored to the unique supply chain risks of major corporate sectors.
Manufacturing
Raw materials & plant equipment.
Exporters
Global outbound shipments.
Importers
Port-to-factory inbound shipments.
Retail & E-Commerce
High-volume consumer goods.
Pharmaceuticals
Temperature-monitored pharma.
Electronics & Tech
High-value delicate hardware.
Automobile & Parts
Just-In-Time auto components.
Chemicals
Hazardous & non-hazardous liquids.
Logistics & Freight
Third-party freight forwarders.
Food & Agriculture
Perishable agri-commodities.
Transportation Modes We Cover
Click any mode to review dedicated clauses and protection features across transit corridors.
Sea Freight Coverage
Comprehensive ocean cargo protection covering FCL/LCL containerized cargo, bulk commodities, and vessel maritime risks.
Why Marine Insurance is Critical
Modern supply chains are highly vulnerable to port congestion, carrier liability limits, marine hazards, and handling mishaps.
Carrier Liability Limits
Carriers (shipping lines/transporters) have strict statutory liability limits per package. Full cargo recovery requires private insurance.
Port & Dock Handling Hazards
Over 40% of transit claims occur during container loading, crane lifts, or warehouse unstacking operations.
General Average Maritime Obligations
If vessel cargo is sacrificed to save a ship, cargo owners are legally required to contribute to the loss unless insured.
Customs Duty & Freight Loss
Customs tariffs and ocean freight paid upfront are lost in damage events unless custom duty riders are attached.
Types of Marine Insurance Policies
Select the right policy structure tailored to your business dispatch volume and risk appetite.
Marine Open Policy
A continuous 12-month policy ideal for businesses with frequent dispatches. Automatically covers transits up to an agreed sum insured with simplified monthly declarations.
Sales Turnover Policy (STOP)
Covers all transits linked to company sales turnover — raw material purchases, inter-factory transfers, and finished goods sales — under one single rate.
Specific Voyage Policy
Custom policy designed for one-off high-value consignments, capital machinery imports, or project cargo requiring targeted single-voyage underwriting.
What's Covered (Institute Cargo Clauses)
Marine cargo insurance is governed globally by Institute Cargo Clauses (A, B, C). Compare coverage scope below.
Institute Cargo Clauses (A) — All Risks
RecommendedCovers all risks of loss or damage to the subject matter insured except explicitly excluded perils (e.g. delay, improper packing, misconduct).
Trusted by Supply Chain Leaders
Hear how enterprise logistics leaders rely on BP & AF for transit risk management and port claim settlements.
“BP & AF structured a Sales Turnover Policy (STOP) for our export dispatches that saved us 22% in annual marine premiums while eliminating manual shipment declarations.”
Siddharth Oberoi
VP Supply Chain & ExportsApex Global Industrial Machinery“When a container suffered water ingress at Nhava Sheva port, BP & AF had an IRDAI surveyor on-site within 4 hours. The claim was settled in 12 business days without disputes.”
Meera Krishnan
Head of LogisticsZenith Pharma Chemicals Ltd“Their Marine Coverage Builder allowed us to precisely configure transit delay and loading riders for our high-value electronics import corridors. Highly recommended!”
Rajesh Varma
Chief Financial OfficerTechLogix Global ElectronicsMarine Insurance FAQ
Got questions about cargo insurance, ICC clauses, or claims? Search or filter questions below.
ICC-A provides the widest 'All Risks' coverage for loss or damage to cargo except explicitly excluded perils (e.g. delay, improper packaging). ICC-B covers specified major perils such as fire, stranding, collision, earthquake, jettison, and sea water entry. ICC-C offers basic accidental coverage strictly for major vessel disasters, collisions, or derailments.
Let's Build Your Cargo Protection Plan
Our IRDAI-licensed marine underwriters will audit your supply chain risks, negotiate wide ICC-A clauses, and structure tailored sales turnover policies.