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02-7160745
MARINE INSURANCE :
The transaction of Marine Insurance business in Bangladesh is governed in accordance with Part-II-3BBB of the Insurance Amendment Act, 1990 (1938).
The subject matter of Marine Insurance of Asia Pacific General Insurance Co. Ltd. may be any vessel & the Cargo / goods carrying by vessel. Air Cargo & Lorry etc. the scope of Marine Insurance may be considered under following headings: .
- Marine Cargo Insurance
- Marine Hull Insurance
The standard Marine (Cargo) Policy:
The standard Marine (Cargo) Policy covers the risks of goods carrying through river way, sea way, Air way, Railway & Truck / Lorry by land road.
In addition, loss or damage caused by smoke, by water used for extinguishing the Fire and by action taken by the fire Brigade in putting out the fire is also covered.
Risks of Marine Cargo Insurance are covered under Institute Cargo Clause (ICC) �A� �B� & �C� Rail Risk, Lorry Risk, Air Risk Air post Parcel Risk & Sea post Parcel Risk.