Marine Cargo Insurance is essential for businesses engaged in the importation and exportation of goods, whether raw materials, packaging materials, spares or finished products.

This policy is mandatory for any items being imported into Kenya and is available as single voyage or annual policies.

Marine Cargo Insurance covers the risk of loss, destruction or damage to goods in transit by sea or air.

Scope of Coverage

Marine Cargo Insurance offers three main types of coverage, each providing different levels of protection

Institute Cargo Clause A (ICC A)

  • Provides the broadest coverage.
  • Covers all risks of loss or damage except those specifically excluded.

Institute Cargo Clause B (ICC B)

  • Offers the second widest coverage.
  • Covers specific risks outlined in the policy document.

Institute Cargo Clause C (ICC C)

  • Offers the narrowest coverage and is the least expensive.
  • Covers specific risks but excludes certain risks such as washing overboard, entry of water into the vessel and loss of any package overboard during loading or unloading.

The insurance is activated when the goods leave the warehouse or place of storage named in the policy for the start of the transit and continues during the ordinary course of transit.

The coverage terminates either

Upon delivery to the consignee’s or other final warehouse or place of storage at the destination named in the policy or

Sixty days after the goods are discharged from the vessel at the final port of discharge.

Cover Benefits

  • Shortage due to tearing and bursting of bags/cans, overturning, derailment

  • Short delivery/non-delivery, leakage/breakage

  • Theft/pilferage, contamination

  • Denting/bending/chipping, rusting (standard exclusion for machinery including cars)

  • Rainwater damage/fresh water damage

  • Damage by extraneous substances

  • Breakage of bridges/culverts

  • Damage due to jerks and jolts during transit, collision with or by carrying vehicle

  • Damage while handling at port of entry or exit port

  • Damage while handling during loading/unloading at warehouses/intermediate stores/trans-shipment and at site, etc

  • Loss while unloading process at site due to failure of crane, slings or negligence of labor, etc

  • Loss or damage due to fire risk

Cover Considerations

Coverage is based on several factors 

          • Type of goods being carried
          • Packaging of the goods
          • Mode of transportation
          • Origins and destinations of goods

Protect your business’ valuable goods in transit with Cannon General Insurance’s Marine Cargo Insurance.

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