Marine Commodity Insurance
Marine Commodity Insurance
Marine Commodity Insurance provides coverage against any damage or loss your cargo may suffer en route from a location to another over a means of transportation (maritime, air, highways, railways).
Get Marine Commodity Insurance and let us take care of the burden of unexpected damages and losses.
Coverage
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Full Loss
Provides coverage against the risk of complete damage to the goods along with the carrier, so as to cause a total loss of its value.
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Limited Coverage
The type of coverage providing assurance against partial risks such as the accidents the carrier vehicle may incur (running aground, capsizing, conflict, overturning, derailment, etc.), fire, and explosions, in addition to the risk of full loss of the goods.
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Expanded Coverage
Provides assurances against all physical loss and damages incurred on the covered cargo as a result of an unexpected or unforeseen sudden accident and/or incident and provides coverage for your property against “all risks”.
Frequently Asked Questions
What is Marine Shipping Insurance?
What does 10% increase refer to in terms of Shipping Commodity Insurances?
What are the types of shipping insurance policies?
- Final
- Floating policy
- Subscription policy
- Block policy
What is a subscription contract?
It enables discounts on insurance rates (with reference to sums insured) based on the annual shipment capacity.
What kind of advantages does the subscription contract offer to the insured?
- It enables discounts on insurance rates (with reference to sums insured) based on the annual shipment capacity.
- Delayed reports on the part of the insured, up to the limit specified for each service and/or vehicle shall not prevent the exercise of the insured’s rights.
- It reduces the insurance cost count.
- It offers automatic coverage for the insured, up to a specific limit subject to the provisions of the contract.
- It enables premium returns provided that certain requirements are noted on the contract and duly met.
What are the insured’s interests regarding the goods?
- Invoice price of the goods
- Paid shipment charges
- Paid insurance premium
- Expected profits
Relevant Documents
General Terms and Conditions of Commodity Shipping Insurance
Klozlar
Enstitü Yük Klozları (B)
Enstitü Yük Klozları (C) PDF (139 KB)
Enstitü Yük Klozları Havayolu (Posta ile Göndermeler Hariç) PDF (135 KB)
Enstitü Savaş Klozları (Yük) PDF (138 KB)
Enstitü Savaş Klozları Havayolu Yükü (Posta ile Göndermeler Hariç) PDF (135KB)
Enstitü Grev Klozları (Yük) PDF (131 KB)
Enstitü Grev Klozları (Havayolu Yükü) PDF (132 KB)
Institute Cargo Clauses (A) PDF (236 KB)
Institute Cargo Clauses (B) PDF (276 KB)
Institute Cargo Clauses (C) PDF (274 KB)
Institute Cargo Clauses Air (Excluding sendings by Post) PDF (351 KB)
Institute Strike Clauses Cargo PDF (265 KB)
Institute Strike Clauses Air Cargo PDF (261 KB)
Institute War and Strikes Clauses PDF (280 KB)