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Cargo Insurance 
Coverage
Ocean cargo policy protects goods shipped by water or air from physical
loss or damage. Depending on the terms of sale, this coverage:
- Begins at the warehouse at the point of shipment
- Extends to the warehouse at the point of destination
- Includes all intermediate transit by rail or truck
The cargo policy is tailored to the customers’ business
requirements and usually includes:
War risk
Strikes and riot exposures, warehouse storage, domestic transit,
exhibitions and more.
Cargo policy is available on an open policy or on an individual
shipment basis.
Coverage Amounts
We have very broad coverage for ocean cargo insurance. Everything
from wearing apparel to bulk oil to furniture to soybeans and almost
any product in between is of interest to us. We can issue policies
on a gross sales or insured value basis. We also offer competitive
rates, terms and conditions, including low minimum premiums. Our
cargo capacity for vessel or warehouse limits is up to $30 million.
Target Customers
Selvick Marine Insurance can meet the cargo needs of the following
business types:
- Importers
- Exporters
- Freight forwarders and logistics providers
- Manufacturers
- Wholesalers
- Retailers
- Multinational companies
- Business-to-business Internet sales
Information Required
We require the following basic information to provide a competitive
cargo quote:
- Type of merchandise
- Annual insured values and/or gross sales
- Origin and destination
- Conveyance type (including carrier name)
- Packing
- Insuring terms
- Loss history (last five (5) years)
Cargo Insurance
Application (.pdf)
Use Adobe Reader to fill-in and send applications
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