MARINE

Risk of loss or damage to your goods is high when it’s in transit. At RAMA, our Marine Insurance policies help protect your business from the likelihood of such financial loss.

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Marine Insurance(import/export/inter island)

Provides compensation to the Insured for all risks that may arise when transporting goods at sea.

Insurance includes:

  • Loss or damage to the insured object.
  • General average and rescue costs.
  • Boat collision in which both are guilty.

Insurance excludes:

  • Damage or expense due to mistakes made intentionally by the Insured.
  • Damage or expense due to personal error or the nature of the insured object.
  • Damage or expense due to the financial failure of the owner or operator of the ship.
  • Damage or expense due to direct or indirect mistakes in the use of weapons or war equipment.
  • Imperfections of containers or conveyances for the transportation of insured objects.

Who needs this insurance?

  • Trading companies
  • Construction companies
  • Manufacture companies
  • Other companies that need freightage
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