Marine Cargo

Marine Cargo

We have a product First Marine Cargo that offers Value for money; we have Flexible and wide coverage to cover all your marine requirements.

To suit your shipment needs, First cargo comes packaged in 3 clauses:-

Clause A

Named perils clause

Loss or damage to insured cargo reasonably attributable to :-

  • Covers all risks of loss or damage to insured cargo except those under the policy e.g. wilful misconduct of the insured, ordinary leakage, unseaworthiness.

Clause B

Named perils clause

Unnamed perils clause

  • Fire or Explosion.
  • Vessel or craft being stranded, grounded, sunk or capsized.
  • Overturning or derailment of land conveyance.
  • Collision or contact of vessel, craft or convenyance with any external object other than water
  • Discharge of cargo at a port of distress
  • Earthquake, volcanic eruption or lightning
  • General average sacrifice
  • Jettison
  • Washing Overboard
  • Entry of sea, lake or river water into the vessel, craft, hold, conveyance, container, lift van or place of storage
  • Total loss of any package lost overboard or dropped whilst loading onto, or unloading from, vessel or craft

Clause C

Loss or damage to insured cargo attributable to:

Fire or explosion

Vessel or craft being stranded grounded sunk or capsized

Overturning or derailment of land conveyance

Collision or contact of vessel craft or conveyance with any external object other than water

Discharge of cargo at a port of distress

General Average Sacrifice

Jettison

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