Marine Cargo | Kurnia Insurance

Marine Cargo

About this product

The Marine Cargo policy indemnifies the Insured as per Institute Cargo Clause (ICC) for physical loss, damage, expenses and liability to the goods insured during direct transit from the time the goods leave the warehouse or place of storage of the seller and terminates either:-

  • On delivery to the consignee or other final warehouse or place of storage at the final destination OR
  • On delivery to any other warehouse or place of storage, whether prior to or at the destination which the insured choose to use either for storage or for distribution OR
  • On the expiry of 60 days after completion of discharge of the goods insured at the final port discharged, whichever shall first occur.

  

Liberty General Insurance Berhad is a member of Perbadanan Insurans Deposit Malaysia (PIDM). PIDM protects the benefit(s) payable under the eligible policy up to protection limits. Please refer to PIDM's TIPS Brochure or PIDM's Website, or contact our customer service.

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