MARINE

IAIC provides service to its clients under the following two main sections under Marine department:
Cargo
The Marine Cargo policies cover the loss or damage to goods whilst in transit. Besides voyages by Sea, transits by Air or by Rail/Road are also dealt under this section. The coverage can be on “All Risks” basis (i.e. Cargo Clauses “A”) or “Named Perils” basis (Cargo Clauses “B” or “C”).
Hull
This type of policy deals with the insurance of ships itself (body and machinery). The insurance of boats and other methods of sea conveyance are also handled under this section.