Marine Cargo Insurance

No matter you are engaged in the import/export trade or just have your goods transported locally, ING Marine Cargo Insurance Policy can provide you with suitable coverage against loss or damage to your cargoes. We are committed to provide prompt and competitive quotation, issue fast and accurate cargo policies and handle claims in a professional and reasonable manner. Different covers are available depending on the types of transport.

By Sea Freight
Institute Cargo Clauses (A), (B), (C)

By Air Freight
Institute Cargo Clauses (Air)

Inland Transit
Cover goods while being carried by train &/or by truck.

   

Introduction of Cargo Insurance Coverage
ICC (A) RISKS COVERED
(A)
It covers all risks of loss of or damage to the subject-matter insured but excluding willful misconduct of the Assured, ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear, insufficiency or unsuitability of packing or preparation, inherent vice or nature of the subject-matter insured, delay, insolvency or financial default of the owners managers charterers or operators of the vessel, use of any weapon of war employing atomic or nuclear fission, unseaworthiness or unfitness of vessel or craft, war and strikes, riots and civil commotions.

ICC (A) RISKS COVERED
(B)
It covers loss or damage to the subject matter insured caused by :

1.fire or explosion
2.vessel or craft being stranded grounded sunk or capsized
3.overturning or derailment of land conveyance
4.collision or contact of vessel craft or conveyance with any external object other than water
5.discharge of cargo at a port of distress
6.earthquake volcanic eruption or lightning
7.general average sacrifice
8.jettison or washing overboard
9.entry of sea lake or river water into vessel craft hold conveyance container liftvan or place of storage
10.total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft
ICC (A) RISKS COVERED
(C)
It covers loss or damage to the subject matter insured caused by :

1.fire or explosion
2.vessel or craft being stranded grounded sunk or capsized
3.overturning or derailment of land conveyance
4.collision or contact of vessel craft or conveyance with any external object other than water
5.discharge of cargo at a port of distress
6.general average sacrifice
7.jettison

Coverage Extensions
Additional coverage and extensions can be offered. For example, War and Strikes risks.

Summary of War Risks coverage
1.war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power
2.capture seizure arrest restraint or detainment, arising from risks covered under 1 above, and the consequences thereof or any attempt thereat
3.derelict mines torpedoes bombs or other derelict weapons of war.
Summary of Strikes Risks coverage
1.strikers, locked-out workmen, or persons taking part in labour disturbances, riots or civil commotions
2.any terrorist or any person acting from a political motive

 

eCargo

It is an online facility providing cargo insurance for shipments worldwide. Whether it is an individual shipment or an annual Open Cargo Insurance Policy for frequent shippers, their agents, brokers or logistics providers, we have the solution to remove your hassles and provide you with a solution to address your business needs.

A Unique Online System - Fast / Accurate / Efficient / Low Cost

  • Instant cargo insurance premium quotes
  • Instant coverage
  • Instant online receipt of your policy through your own printer
  • Round the clock service in policy issuing under an annual Open Cargo Policy

Subscribe now as user of the eCargo System to start enjoying the benefits. For detailed information, please contact us at

e-Cargo@ing.com.hk or phone our customers' hotline 2851 5538.

 

This summary gives only an outline of the terms and conditions of the insurance cover and any information given herein is subject to the precise terms in our Policy, a specimen copy of which will be furnished to you on request.