Cargo Insurance

Import& Export

In Import and Export voyage, potential risk exposure of your on-the-way materials, products or goods could be affect your business – manufacturing, wholesaling, retailing company; logistics or contractor.

Import-export cargo Insurance is customized with many wide range of coverage options and type of policy to suit your need.With long term experience in cargo insurance, UIC provide the best protection for your business.

Insurance Coverage:

 

Risk cover ICC (A) ICC (B) ICC (C)
Fire or explosion X X X
Vessels or craft being stranded, grounded, sunk or capsized X X X
Overturning or derailment of land conveyance X X X
Collision or contact of vessel, craft or conveyance with external object other than water X X X
Discharge of cargo at a port of distress X X X
Earthquake, Volcanic eruption or Lightning X X
Jettison X X X
Washing overboard X X
General Average Sacrifice X X X
Entry of sea lake or river water into vessel craft hold conveyance container liftvan or place of storage X X
Total loss of any package lost overboard or dropped whilst boarding on to, or unloading from, vessel or craft. X X
Theft, Pilferage and Non-delivery (TPND) X

Main Exclusions:

– Wilful misconduct of the Insured
– Ordinary leakage, loss in weigh or volume, wear and tear
– Insufficient packing
– Unseaworthiness or unfitness of vessel or craft
– War, civil war, revolution, rebellion, insurrection, strike
– Radiation or radioactive contamination
– And other exclusions as specified in the policy
In case you have requirement for covering other risks or cost, please kindly contact UIC for more information.

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