If you are involved in the movement of goods – either domestically or internationally – then you are forced to contend with a multiplicity of risks.
Marine cargo insurance cover is vital for mitigating your risks. It responds to physical loss or damage to goods imported, exported or transported within South Africa by any professional mode of transportation, be it ship, plane, train or truck.
Hollard is one of South Africa’s leading insurance companies when it comes to Marine risk management, and the provision of proper shipping insurance cover.
In addition to our Marine cargo insurance offerings, our Marine hull insurance responds to physical loss or damage to the actual watercraft and, by extension, certain liabilities to passengers or third parties. Craft typically insured in the South African market include private pleasure craft and commercial hull, such as fishing fleets located in local waters.
Further, our Marine liability products respond to the legal liability needs of ship repairers, ship builders, charterers and stevedores.
Depending on the kind of insurance you require, exclusions can and do apply. Typical exclusions to cargo cover include, among others:
• Loss, damage or expense resulting from deliberate damage or wilful misconduct by the insured
• Ordinary leakage or wear and tear of the insured goods
• Loss caused by delay
• Unseaworthiness of a vessel or craft
• Insufficiency or unsuitability of packing and packaging by the insured
At Hollard Insure we pride ourselves on always looking for innovative ways to offer insurance – such as CargoMile™, an online quoting platform that allows your insurance broker to quickly, easily and conveniently secure cargo insurance cover for you on single shipments.
CargoMile™ is designed to be simple to use and features instructional tips and videos to guide you through the process.
It uses smart underwriting algorithms to provide you with an immediate quotation. Once the premium is paid electronically, insurance cover is instant. What previously could take days to arrange is now done in a matter of minutes.
CargoMile™ will be available to access 1 June 2019
For you to be granted access to the CargoMile™ portal from 1 June 2019, please download, complete and return the CargoMile Intermediary Consent Form to firstname.lastname@example.org