Marine Open Cover Insurance

The policy usually covers risks such as theft, damage, and loss during the transportation of goods by sea, air, or land, ensuring comprehensive protection for businesses.

Yes, the policy usually offers tailored insurance solutions to meet the specific needs of different businesses, including coverage for specific routes and types of cargo.

Yes, the policy includes insurance coverage for goods transported to and from various international destinations, offering global protection. Check with your insurance provider to know more.

Yes. You can easily manage your policy and respective claims online on our website or through the Carringly Yours app for a smooth experience.

Yes, the policy is designed to provide cost-effective insurance solutions, offering value for money with competitive premiums.

In the event of a loss or damage, notify your insurer immediately. Provide necessary documents such as the bill of lading, insurance policy, and damage report. The insurer will assess the claim and process it accordingly.

Commonly required documents include the insurance policy, bill of lading, commercial invoice, packing list, survey report, and any other relevant documentation.

The time frame can vary depending on the complexity of the claim and the completeness of the documentation provided. Prompt reporting and submission of all required documents can expedite the process.

If your claim is denied, review the reasons provided by the insurer. You can appeal the decision by providing additional evidence or documentation to support your claim.

Yes, common exclusions include losses due to improper packaging, inherent defects in the goods, war, strikes, and intentional misconduct. Always review your policy for specific exclusions.

Contact your insurer before the policy expiration date to discuss renewal options. Review your coverage needs and make any necessary adjustments to the policy.

Yes, you can update your policy to reflect any changes in your business operations, such as new routes, types of cargo, or additional coverage needs.

Consider changes in your shipping routes, types of cargo, and any new risks that may have emerged. Review your past claims and adjust coverage limits as needed.

Some insurers may offer a grace period, but it’s important to renew your policy before it expires to avoid any gaps in coverage.

Yes, you can compare policies from different insurers and switch if you find a better option. Ensure there is no lapse in coverage during the transition.