The Marine Cargo Insurance policy covers your goods, freight and other interests against loss or damage to goods whilst being transported by rail, road, sea and/or air under a contract of affreightment.

Different policies are available depending on the type of coverage required ranging from an ALL RISK cover to a restricted Accident only cover whilst the goods are in transit.

Significant Exclusions

This Policy does not cover loss or damage due to willful misconduct, ordinary leakage, insufficient/unsuitable packing, delay, insolvency/financial default of owners, inherent vice.

Premium

Rate depends on factors like nature of cargo, scope of cover, packing, mode of conveyance, Destination and routes, and past claims experience

Types of Policies

• Specific policy to cover single consignment
• Marine Open Policy for frequent dispatches within the country. These arrangements are valid for one year.
• Marine Open Cover for frequent dispatches out side the country (imports and exports). These arrangements are  valid for one year.

Importing goods, commercial or personal, into Oman by road, sea or air?  The law states if you want to insure them it must be with a local insurer but it makes sense anyway as any damage is likely only to be discovered at destination.

Falcon can offer a variety of covers, all with commonly used international policy wordings.  All risks, total loss only; overturning of vehicles; by post; war risks; piracy.

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