26-03-2020

Buying Marine Insurance? Call your Insurance Broker now!

Insurance Alertss
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26-03-2020
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Buying Marine Insurance? Call your Insurance Broker now!

Marine transport has always provided logistical support to global trade from the very beginning of history. In India, over the years, marine transport services have made tremendous progress as well. However, out of the four modes of transportation - land, rail, air, and water - the last, namely, water transit, causes transporters a great deal of concern. This is because there are natural events that often cause damage to both the cargo and the ship. This is where having marine insurance gives you a critical advantage.

Marine insurance is essential for shipowners and transporters to claim damages via the policy in case of any mishap. It includes accidents and other circumstances that might result in potentially massive losses to the carrier's and the shipping company's financial situation.

Here are the top reasons why you should get a marine insurance policy in place:

Timeliness and safe delivery are critical elements in a marine logistics business. Only when you have a streamlined process, can timely and safe delivery happen. Avoiding unintended damage caused during transit is the most crucial step in providing a simplified transportation system. With the aid of a Marine Insurance, you will be compensated for everything from lost cargoes to damage to the goods. If you are confused about which insurer will be best for you, then you can go for a leading insurance broker like SecureNow. They offer the best advice and help you select the best marine insurance based on the size of your ship, the kind of goods that you transport and the number of employees that you have. So, it is time to call your insurance broker now!

Source: News Karnataka