Changes to our regionally traded Marine Cargo proposition

With the increasing ship traffic and the need to have comprehensive protection for goods being shipped around the world or transported across the UK by road, rail, sea or air, there has never been a more important time to ensure your clients are protected with the right insurance.

That’s why we’ve refreshed our regionally traded Marine Cargo product suite to give your clients a new simple, easy to understand policy with many new and enhanced features and benefits. 

Our refreshed Cargo product suits United Kingdom domiciled businesses that require either a single trip or an annual cargo policy to send their business assets worldwide.

Providing simple and affordable Marine Cargo cover

Comprehensive cover as standard

  • Our enhanced cover includes new features such as Container Demurrage Charges, Customs Damage and Consequential Loss all provided as standard. We’ve increased many of the existing policy coverage limits too.

Broad appetite and capability

  • Our appetite means we can accommodate a wide variety of businesses with capacity up to £30m.1

One simplified policy wording

  • We’ve retired our Marine Cargo Medium Policy and Marine Cargo Stock policy. Customers with one of these policies will automatically transfer to our new Marine Cargo product2 and benefit from the additional cover now available. The policy documentation has a new look and feel. The Institute & Joint Cargo Committee (JCC) Clauses have been removed from the policy wording and are contained in a new policy booklet.

Fast Track Claims

  • Our claims handling service includes a fast-track facility for claims up to £5,000.

For more information on the new product, please visit our Marine Cargo document library.

1 £30m is the maximum for any one conveyance/location.

2 Existing customers will be transferred to the new wording at next renewal.