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Business Insurance

Marine & Transit Insurance

Marine and transit cover protects goods in movement — by sea, air, road, or rail — against loss or damage during transit, split broadly into import, export, and inland cover.

Overview

Protection for goods on the move, door to destination

Import and export cover apply to goods crossing India’s borders; inland transit cover applies to domestic movement between two points within India. The right structure depends on where the shipment starts and ends.

Businesses shipping regularly often use an annual open cover instead of insuring each shipment individually — your advisor will confirm which suits your volume.

An advisor talking through a marine and transit cover plan with a client
Why It Matters

Why marine & transit cover matters

Import, export, or inland — the right structure matters

Where a shipment starts and ends determines which cover structure actually applies — getting it wrong can leave a gap.

Risk doesn’t end at the border

Seawater damage, jettison, and loss at a port of distress are all real exposures once goods are in transit.

An open cover can suit regular shippers

Businesses shipping often use an annual open cover instead of insuring each shipment individually.

Coverage Highlights

What marine & transit insurance covers

Fire & Explosion in Transit

Cover for fire and explosion while goods are moving.

Natural Calamities

Cover for natural calamities affecting the shipment.

Collision or Derailment

Cover if the carrying vehicle is involved in an incident.

Port of Distress

Cover for loss at a port of distress.

Seawater Damage

Cover for damage caused by seawater during transit.

Overboard Loss & Jettison

Cover for cargo lost overboard or jettisoned.

Who Is It For

Built for businesses moving goods

Cargo containers stacked at a shipping port

Importers & Exporters

Cover for goods crossing India’s borders.

A logistics coordinator managing freight

Logistics & Freight Businesses

Cover across regular, high-volume shipping activity.

A warehouse operator among storage pallets

Domestic Distributors

Inland transit cover for movement within India.

How Wise Insurance Helps

Supported from comparison through claims

Our Digital Insurance Journey is how we work every business insurance enquiry, start to finish.

Enquire

Tell us what you ship, how often, and by which route.

Learn & Compare

We explain per-shipment vs. open cover, then compare relevant plans across insurers.

Apply & Issue

Your advisor handles the paperwork, liaises with the insurer, and checks the policy before you rely on it.

Renewals & Claims

We stay reachable for renewals, and our Claims Support desk helps if a shipment is damaged.

A business owner reviewing cover for goods in transit
Supported from purchase to claim
Common Questions

Frequently asked questions

Marine cover typically applies to import/export shipments crossing borders; inland transit cover applies to domestic movement within India.

This depends on the policy wording — confirm the exact transit scope with your advisor before shipping.

Cover can still apply depending on the peril — e.g. seawater damage or spoilage — subject to the policy’s terms.

Businesses shipping regularly often use an annual open cover instead of insuring each shipment individually; your advisor will confirm which suits your volume.
Get Started

Looking for the right cover for goods on the move?

Talk to an advisor about how Marine & Transit Insurance fits your shipments — we compare across insurers rather than selling a single product.