Marine Insurance covers cargo losses or damage caused to shipping vessels and other water-based transport in which goods are transferred between different points of origin and their final destination. It provides protection against water transport-related losses which are usually very costly.
You can also have a customized marine insurance based on their shipping requirements and available policies. Different policies are available to provide coverage according to the size of the ships and routes taken. Most marine insurance companies also offer add-on covers to include losses or damages that may arise due to strike, riot and commotion.