Marine Cargo Insurance

Perils covered

The marine cargo insurance for goods importers and exporters offers the coverages from various perils as listed below:

1. Fire, peril of explosion	✓	✓	✓
2. Vessel or craft being stranded, grounded, sunk or capsized, or collided with external object other than water	✓	✓	✓
3. Overturning or derailment of land conveyance	✓	✓	✓
4. Collision or contact of vessel with external object	✓	✓	✓
5. Discharge of cargo for vessel repairs at a port of distress	✓	✓	✓
6. Earthquake, volcanic eruption or lightning	✓	✓	X
7. General Average	✓	✓	✓
8. Jettiso	✓	✓	✓
9. Washing overboard	✓	✓	X
10. Entry of sea or river water inlet vessel, container causing the damages of goods	✓	✓	X
11. Total loss of any package lost overboard or dropped whilst loading on to or unloading from vessel	✓	✓	X
12. Salvage charges	✓	✓	✓
13. Damages from theft, piracy, and non-delivery	✓	X	X

Remark : ✓ = covered, X = not covered

For more information, please contact nonmotor@lmginsurance.co.th.

This brochure is not an insurance contract. The precise terms and conditions are specified in the policy contract. The applicant should study coverage details and conditions before applying for an insurance policy.