Marine Cargo Insurance

Marine Insurance

Cargo Insurance

Suez Canal Insurance Company undertakes to compensate the insured for all losses or damages incurred to the shipments of goods transported for the benefit of the insured during their voyage, whether by sea, land, air or river in accordance with the terms and conditions of the insurance policies issued for these goods.

Types of Transit Insurance Policies

Comprehensive coverage for goods during transit

Marine or Air Transit Policy

This policy covers the goods according to the conditions issued by the Institute of London Underwriters (ILU).

Institute Cargo Clauses (A) - All Risks

This insurance covers all risks of losses or damages to the subject matter insured.

  • General Average
  • Both to Blame Collision

Institute Cargo Clauses (B)

This insurance covers loss or damage reasonably attributable to:

  • Fire or Explosion
  • Vessel or craft being stranded, grounded, sunk or capsized
  • Overturning or derailment of land conveyance
  • Collision or contact of vessel with any external object other than water
  • Discharge of cargo at a port of distress
  • Earthquake, volcanic eruption or lightning

Institute Cargo Clauses (C)

This insurance covers loss or damage reasonably attributable to:

  • Fire or Explosion
  • Vessel or craft being stranded, grounded, sunk or capsized
  • Overturning or derailment of land conveyance
  • Collision or contact of vessel with any external object other than water
  • Discharge of cargo at a port of distress
  • General Average sacrifice
  • Jettison

Additional Coverage

Extended coverage options for comprehensive protection

Institute War Clauses

Strikes, Riots & Civil Commotion Risks

Our Insurance Advantages

Why choose Suez Canal Insurance for your cargo

Quick Issuance of Policies
Competitive Rates
Quick Compensation
Free Technical Consultation
Electronic Payment Methods

For inquiries, do not hesitate to send us a message

Our team is ready to serve you