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This coverage indemnifies the policyholder on transport of marine cargo for loss arising from the following risks:

  • Fire and explosions

  • Breakage and bad handling

  • Collision of vessels

  • Overturning or derailment (in transit via train)

  • Hurricane, Earthquake, Volcanic eruption

  • Entry of water from sea, lake or river

  • Piracy.

In addition to the above, perils of war, riots, strikes and civil commotions can be purchased for an additional premium.

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