Marine Cargo

Western Guaranty covers your properties, goods or merchandise whilst being transported from one location to another whether by land, sea or air.

Under our Marine Cargo Insurance your cargo is protected against marine hazards and perils, such as:

Over Sea:

  • Sinking, stranding, grounding, collision
  • Fire, Explosion
  • Jettison, discharge of cargo at port of distress

Over Land:

  • Earthquake, volcanic eruption, lightning
  • Overturning or derailment of land conveyance

Marine Cargo policies are classified into four types, namely:

Inland Marine Policy – covers goods whilst being transported by trucks or railway systems within the Philippines

Inter-Island Policy – covers goods whilst being transported by sea craft or aircraft within the Philippines

Import Policy – covers goods whilst being transported by sea craft or aircraft from other countries to the Philippines.

Export Policy – covers goods whilst being transported by sea craft or aircraft coming from the Philippines to foreign countries.

MARINE OPEN POLICY

Aside from the standard Marine policy, Western Guaranty also issues an open policy, which covers automatically

Disclaimer : The Underwriting Department has the option to accept or decline an application, or limit the company’s maximum amount of acceptance or limit the amount of coverage.


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