#MARINE INSURANCE

At Horizon Insurance, our Marine insurance protects your cargo end-to-end—across sea, air, road and rail—from pickup to final delivery.

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What is Marine insurance?

At Horizon Insurance, our Marine insurance protects your cargo end-to-end—across sea, air, road and rail—from pickup to final delivery. Choose flexible covers for inland, import, and export movements with fast claims support and clear documentation aligned to Incoterms® (FOB, CIF, CIP, DDP, EXW).

Custom cover for your commodity, route and Incoterm

Instant documentation & quick certificate issuance

Dedicated claims handholding from intimation to settlement

Options for all-risk or named-perils with add-ons (war/strikes, temperature, theft pilferage, etc.)

Affordable premiums with risk-engineering advice to reduce losses

Why Choose Horizon Insurance?

Why Horizon Insurance for Marine insurance

Types of Marine insurance cover

Inland (within India)

Covers door-to-door movements by road/rail/inland waterways between any two Indian locations.

Import

Covers cargo shipped from overseas to India, synced with your Incoterms and letters of credit.

Export

Covers cargo shipped from India to overseas destinations across sea or air.

Policy formats

Single (Specific) Transit Policy

Cover for one declared shipment—ideal for occasional dispatches.

Open Policy (Annual Declaration)

Year-round cover for multiple transits with monthly/periodic declarations; includes per-sending and per-location limits.

Sales Turnover Policy (STOP)

Wider annual cover linked to total sales turnover (domestic + exports); minimal admin, broad “held covered” protection.

Coverage options (ICC/ITC)

All-Risk (ICC A / ITC A)

Broad protection against accidental physical loss or damage unless excluded.

Named Perils (ICC B/C or ITC B)

Protects against specified events like fire, explosion, collision, capsizing, derailment/overturning, etc.

What Marine insurance typically covers

Choosing HORIZON  means choosing protection with purpose.
We combine expert advice, leading-edge technology, and a human approach to deliver coverage that truly fits your lifestyle.

Fire, lightning, explosion

Accidents: collision, capsizing, derailment/overturning

Natural events: storms, earthquake, flooding/water ingress

Loading & unloading damage (with suitable cover)

Theft, pilferage, malicious damage, non-delivery/shortage (under suitable clauses)

General Average & jettison expenses

War/strikes extensions (if opted)

FAQs on Marine insurance

Not legally for every shipment, but often contractually required (e.g., CIF/CIP) and strongly recommended for risk transfer and financing.

All-Risk (ICC A/ITC A) is broader (everything accidental unless excluded). Named Perils (ICC B/C, ITC B) covers only listed events—usually lower premium.

Yes—available under All-Risk or by opting TPND and loading/unloading extensions in Named Perils.

An Open Policy or Sales Turnover Policy simplifies admin and ensures continuous cover with monthly declarations.

With complete documents and clear liability, most claims are processed promptly—we keep you updated at each step.

Get a Marine insurance quote

Tell us your commodity, values (CIF/FOB), route, mode, frequency and preferred coverage. Horizon Insurance will share a clear, competitive quote with the right clauses and endorsements for your shipments.