Overseas Marine Cargo Insurance
Things to do in case of Oversea Marine Cargo Insurance compensation
| 1. | In the event of a claim, you must notify the following telephone number immediately (if any). | ||
| Claim Hot Line – 09 940777888 | |||
| 2. | Attach the following documents along with the Oversea Marine Cargo Insurance claim form
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Frequently Asked Questions
What is the sum insured for Overseas Marine Cargo Insurance?
The cargo value (kyat or foreign currency) can be specified as sum insured for Overseas Marine Cargo Insurance.
What is insurance period for Overseas Marine Cargo Insurance?
The voyage from the goods and loading port up to the port of discharge (need to mention if the transshipments) are the insurance periods for Overseas Marine Cargo Insurance.
How the premium for Overseas Marine Cargo Insurance is calculated?
Overseas Marine Cargo Insurance premium are calculated from 0.56% to 0.80% of cargo value (the additional premiums will be charged for transshipment, Via and passing Suez and Warzone).
What type of insurance is Overseas Marine Cargo Insurance?
This insurance compensates for loss of and damage to the goods or cargos being carried in various ways whether importing or exporting.
Who can buy Overseas Marine Cargo Insurance?
Cargo Owners (or) Representative of Cargo Owners can buy Overseas Marine Cargo Insurance.
What are the benefits of buying Overseas Marine Cargo Insurance?
Damage of cargo due to accidental fire of carrying vehicle, explosion, collision and overturning are covered.
What are the exclusions for the Overseas Marine Cargo?
Losses or damage excluded by the Clauses and Special Conditions, losses or damage which occurs before the start or after the end of Transit etc. are the exclusion for Overseas Marine Cargo Insurance.
coming soon!