Marine Insurance

general@rexinsure.com

26E Abdulrahman Okene Street, Victoria Island, Lagos

Marine Cargo Insurance

Marine Cargo Insurance policy provides cover for goods transported by sea from the port/warehouse of embarkation to the port/warehouse of disembarkation. It pays for the goods lost/damaged by accident while in transit. The main clauses used in the market and worldwide are the Institute Cargo Clauses A, B and C. They give a choice of cover ranging from All Risks with the A clauses (where the individual perils are not named), down to a very limited number of listed or named perils in the C Clauses.

Marine Insurance

Marine Hull Insurance

Marine Hull Insurance covers loss or damage to hull and machinery. The hull is the structure of the vessel. Machinery is the equipment that generates the power to move the vessel and control the lighting and temperature system such as boiler, engine, cooler and electricity generator. The vessels include ships, boats, ferries, barges, etc. owned by insured.