With the rapid expansion and development in the international and domestic trade, cargo movements are becoming increasingly complex. This requires specialists in the field of marine cargo insurance and AWNIC can help you develop a complete range of products to meet the individual needs of the sophisticated cargo owner.

Coverage for Single Shipments and for Ongoing Transport: Cargo is considered to be any goods sent from one place to another by sea, air, land or post. Policies are available for individual shipments or under an ongoing contract known as a "open policy". An open policy is a contract prepared in general terms covering specified goods on terms agreed. An Individual policy usually applies to a specific delivery of goods. Open policies can be written to cover goods shipped anywhere in the world on declaration basis. In this case no specific values are stated, limits may be applied to any one conveyance or location.

Coverage can vary based on cargo type. AWNIC has facilities to provide insurance solutions for all kinds of commodities, including steel products, bulk cargoes, bulk oil cargoes and containerized products. We offer a full range of insurance alternatives for the transportation by sea, air, post and land of any cargo from one place to another and amongst the covers available are:

• All Risks by Sea or Air or Post Parcel
• All Risks Land Transit
• Restricted Cover by Sea, Air, Post Parcel or Land

The Sum Insured is the agreed value which in most cases will be CIF and/or C&F plus 10% or FOB plus 10 to 20%. The factors taken into account for charging premium depend on nature & type of cargo, method of packing, mode of shipment, age & type of vessel and the ports used.

Quotations will be offered on submission of Company’s printed Proposal Form For further details please call us on telephone, or request for a call back.