MARINE INSURANCE
Marine insurance covers the loss or damage to cargo and ships i.e. fishing vessels, pleasure boats. Our Cargo Insurance Policy provides cover:

• To protect importers, exporters as well as individuals against loss, theft or damage of their goods or properties carried by vessels/ships by sea or water ways such as rivers, lakes or canals.
• Shipments of goods and personal effects by air are also covered under our Marine Cargo Insurance Policy.

Vanguard’s Marine Cargo Insurance offers comprehensive cover for import and export of consignment from warehouse to warehouse basis on very flexible and convenient terms. Vanguard Marine policies are grouped into the following:-

Marine Open Cover Policies
Marine Cargo General: this is an automatic cover issued to clients who do frequent Imports and Exports of consignment by Sea, air and Inland transit. The areas of risk covered include ICC ‘A’ (all risk), ‘B’ and ‘C’ with war and strikes risk. (except those specifically excluded in the respective clauses).

Individual Marine and Cargo Policies
Some Clients may prefer to take specific policies insuring particular marine items. As a result we do provide specialized customized policies to meet varying demands. A few are listed below:-

Marine Cargo General
All import, export or transit cargo over a fixed period of time and might be for a particular cargo.

Marine Cargo- Exports
This policy covers transit and export cargo over a fixed period for a particular cargo.

Marine Certificate Policies
We also provide certificates for the policies listed below:-
Marine Cargo General and Marine Cargo- Exports

Stevedores Legal Liability: Stevedores unload and load cargoes from ships, railroad cars, trucks, etc. Stevedore's liability is a form of insurance that assists with claims related to their operations, whether they are connected to a transportation terminals or do business as independent contractors.