Marine Cargo
Physical loss or damage to goods during insured domestic or international journeys, whether transported by sea, air, road or rail under the agreed transit conditions.
- Illustrative example
- Imported machinery suffers water damage inside a shipping container during its insured ocean voyage.
- Check the wording
- Check where transit begins and ends; inadequate packing and delay losses are commonly excluded.
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Marine Transit
Loss or damage to property moving between locations, with protection defined by the goods, transport methods, journey and insured events rather than ocean travel alone.
- Illustrative example
- A consignment of electronics is damaged when its delivery vehicle collides with another vehicle.
- Check the wording
- Confirm whether temporary storage, loading and unloading fall within the policy's defined transit period.
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Inland Transit
Damage to or loss of insured goods travelling domestically by road or rail, addressing the owner's property exposure rather than automatically covering the carrier's liability.
- Illustrative example
- Stock travelling between two Australian warehouses is damaged when the carrying truck overturns.
- Check the wording
- Named-event options can be narrower than accidental-damage cover; confirm theft and unattended-vehicle restrictions specifically.
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Marine Stock Throughput
Physical loss or damage to stock across an agreed supply chain, combining specified transit and storage stages within a coordinated cargo insurance arrangement.
- Illustrative example
- Imported components are damaged by fire while stored at a declared distribution warehouse.
- Check the wording
- Check declared storage locations and maximum stock values; manufacturing processes may require separate agreement.
Read the detailed Marine Stock Throughput guide
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Goods in Transit
Cover section
Loss or damage to a business's goods while transported, including selected journeys in its own vehicles or with carriers, depending on the wording.
- Illustrative example
- Furniture being delivered to a customer is damaged when the business's van overturns.
- Check the wording
- Theft conditions and per-vehicle limits can restrict protection even when the overall stock value is higher.
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Carriers Liability
A transport operator's legal liability for customers' goods lost or damaged in its care, subject to the agreed carriage activities, contracts and insured events.
- Illustrative example
- A customer seeks compensation after a carrier negligently damages a pallet during delivery.
- Check the wording
- A customer's loss alone does not establish insured liability; carriage terms and contractual-liability exclusions matter.
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Marine Hull
Physical loss or damage affecting an insured vessel, its machinery and specified equipment, with navigation, operation and valuation terms tailored to that vessel.
- Illustrative example
- A commercial workboat grounds on a submerged obstruction, damaging its hull and propeller.
- Check the wording
- Navigation limits, vessel condition and machinery exclusions can materially affect whether particular damage is insured.
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Marine Liability
Legal liability arising from specified marine business activities, potentially including injury, damage to customers' property or vessels, and associated defence costs where insured.
- Illustrative example
- A marina operator faces a claim after a poorly maintained pontoon damages a customer's boat.
- Check the wording
- Declare each operation; vessel ownership, pollution and property in your custody may need specific cover.
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Protection & Indemnity
Specified liabilities of vessel owners or operators, potentially involving crew, passengers, cargo, pollution or wreck removal, complementing rather than replacing hull damage insurance.
- Illustrative example
- A passenger injured aboard a commercial vessel brings a liability claim against its operator.
- Check the wording
- Vessel use, crew obligations and pollution limits vary; penalties are not automatically insurable or covered.
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Charterers Liability
Liabilities arising from hiring and operating a vessel under a charter, which may include vessel damage, cargo claims and other agreed chartering exposures.
- Illustrative example
- A charterer faces a claim after unsuitable cargo damages the hired vessel's hold.
- Check the wording
- The charter type and accepted contractual obligations determine scope; not every charterparty promise is insured.
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Freight Forwarders Liability
A freight forwarder's legal liability for specified logistics services, potentially including cargo handling errors, documentation mistakes and customers' goods lost or damaged during arranged transport.
- Illustrative example
- Incorrect shipping instructions cause a customer's cargo to be delivered to the wrong destination.
- Check the wording
- Confirm whether professional errors and subcontracted services are included, alongside the relevant trading conditions.
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Stevedores Liability
Legal liability from loading and unloading vessels, including insured damage to cargo, ships or port infrastructure and injuries arising from the declared stevedoring operations.
- Illustrative example
- A loading error drops a container onto a ship's deck, damaging cargo and vessel.
- Check the wording
- Damage to hired cranes or other equipment in your custody may require specifically agreed protection.
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Pleasurecraft
Loss or damage to privately used boats and specified equipment, with selected liability protection for boating activities, subject to navigation and usage conditions.
- Illustrative example
- A recreational yacht strikes a submerged object, damaging its hull during a coastal outing.
- Check the wording
- Racing, commercial charter use and offshore navigation may need separate acceptance or an optional extension.
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