Marine Insurance
NIC’s Marine Insurance portfolio provides comprehensive protection for both goods and vessels against a wide range of maritime and transit-related risks. Cover is available for domestic, regional, and international logistics.
Marine Cargo Insurance
- Coverage: Protects against loss or damage to cargo during transit via sea, air, road, or rail
- Scope: Includes exports, imports, inland transport, coastal shipping, and river-borne trade.
Marine Hull Insurance
- Coverage: Insures the structure and machinery of vessels both ocean-going and smaller crafts against physical damage
- Risks Covered: “Perils of the sea” (storms, collision, sinking), fire, explosion, piracy, and more.
Why Choose NIC Marine Insurance?
- Offers both cargo and hull cover under one provider
- Flexible policy options tailored to shipment types—from single voyages to multiple dispatches
- Protection based on internationally accepted standards such as the Institute Cargo Clauses.
- Suitable for a wide range of entities: importers, exporters, shipping companies, vessel operators, and financiers.