Get Inland Marine Policy Declaration Page

Inland Transit Clause (A) or ITC (A) covers the additional risk in addition to what is covered under ITC – B. Any other Risk Insurer accepts to include.

Marine Insurance - Marine Cargo Special Declaration Policy All transits upto the sum insured are covered without any exception and total value of goods in transit are required to be declared atleast once in a quarter in the form of a certified statement. Period of insurance for this policy is one year.

Inland marine insurance is a type of business insurance that helps cover products, materials and equipment while they are transported on land, such as by truck or train. This coverage is meant to help protect business property that is movable or used for transportation or communication purposes.

Common perils covered by an inland marine policy include theft, fire, wind, hail and water damage. Some policies may also include coverage for “mysterious disappearances” and accidental drops.

Inland Marine insurance typically covers: Property that is being transported. Property that moves or will be moved between locations. Computer, television, video, sound or radio equipment.

Copies of all paperwork related to the vessel and claim, including the Bill of Lading, the copy of protest, the certificate of survey, and the letter of subrogation. Photographs of damage to the vessel or equipment. Photographs of damaged or incomplete cargo.

Marine Open Declaration Policy enables you to insure all your goods in transit or shipment during the year under a single policy. This policy is of a huge advantage for logistic companies, for multiple transits during the year and a single insurance policy can cover loss or damage of the cargo for multiple transit.

Institute Cargo Clause C provides basic coverage and includes a restricted list of risk covers. It covers the shipment against events such as fire, discharge of cargo in case of distress, explosion, accidents like sinking, capsizing, derailment, collision, etc.