You can get marine insurance for your imported goods or for your
vessel/yacht.
Marine Cargo: The marine cargo policy provides cover for loss or
damage to imported goods being conveyed by sea or air and can be taken up either as an All Risk Policy (covers total or partial loss of goods) or as a Restricted Cover Policy (covers total loss only). The premium rate
applied will depend upon the nature and value of goods being imported, the type of cover required as well as the
country of origin.
Marine Hull: The marine hull policy provides cover on vessels and yachts
against any loss, damage or liability that may arise from their use. The scope of cover provided is either an "all risks"
or "total loss only" while the policy usually carries a deductible amount of about 10% of the value of the vessel or
yacht. The premium rate applicable to this policy is based on the value of your vessel, nature of vessel, use and
general seaworthiness. Annual cover or short period / voyage covers are available.