Types of Marine Losses
[Marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) in India is essential for businesses that deal with international trade, as it protects them from the risks of sea voyages and perils of the sea.
Inline Transit vs Marine Cargo Insurance
If the business that you do involves the transportation of finished or unfinished goods or any kind of raw materials, then you need to have a [marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) policy. There are different kinds of insurance plans available according to your requirements, but for someone who is in the transportation business, having [cargo insurance](https://www.tataaig.com/sme-insurance/marine-insurance/cargo-insurance) is crucial.
Types of Contracts in Marine Insurance
Any business carries some amount of risk. There is a higher risk involved when the goods are being transported from one place to the other. The risk multiplies for businesses exporting and importing goods, and it makes [marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) in India one of the most important shields to have.
Warranties in Marine Insurance
A [marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) warranty is an assurance of coverage by the insurer. It documents the ideal operating conditions under which the insurer promises to extend insurance coverage. If the insured does not abide by the terms of the marine insurance policy, the insurer reserves the right to deny all or some coverages.
Deviation Clause in Marine Insurance
The marine insurance contract is one of the most important aspects of the Indian shipping industry. A marine insurance policy financially safeguards you against unforeseen events like loss of cargo, loss or damage of ship, and other properties. While it is important to have marine insurance, it is very important to understand the clauses of the marine insurance policy.
How Does Marine Insurance Work?
In March 2022, the cargo ship Dyros had to alter its route dramatically due to rough weather. This alteration led to the loss of around 90 containers. The container carrier Rena also broke and sank in 2011. MSC ARIES is another carrier that made a news story. In February 2021, it lost a part of its cargo, approximately 41 empty containers.
Types of Marine Losses
[Marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) in India is essential for businesses that deal with international trade, as it protects them from the risks of sea voyages and perils of the sea.
Inline Transit vs Marine Cargo Insurance
If the business that you do involves the transportation of finished or unfinished goods or any kind of raw materials, then you need to have a [marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) policy. There are different kinds of insurance plans available according to your requirements, but for someone who is in the transportation business, having [cargo insurance](https://www.tataaig.com/sme-insurance/marine-insurance/cargo-insurance) is crucial.
Types of Contracts in Marine Insurance
Any business carries some amount of risk. There is a higher risk involved when the goods are being transported from one place to the other. The risk multiplies for businesses exporting and importing goods, and it makes [marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) in India one of the most important shields to have.
Warranties in Marine Insurance
A [marine insurance](https://www.tataaig.com/sme-insurance/marine-insurance) warranty is an assurance of coverage by the insurer. It documents the ideal operating conditions under which the insurer promises to extend insurance coverage. If the insured does not abide by the terms of the marine insurance policy, the insurer reserves the right to deny all or some coverages.
Deviation Clause in Marine Insurance
The marine insurance contract is one of the most important aspects of the Indian shipping industry. A marine insurance policy financially safeguards you against unforeseen events like loss of cargo, loss or damage of ship, and other properties. While it is important to have marine insurance, it is very important to understand the clauses of the marine insurance policy.
How Does Marine Insurance Work?
In March 2022, the cargo ship Dyros had to alter its route dramatically due to rough weather. This alteration led to the loss of around 90 containers. The container carrier Rena also broke and sank in 2011. MSC ARIES is another carrier that made a news story. In February 2021, it lost a part of its cargo, approximately 41 empty containers.
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