Financial protection for the manufacturer or importer as well as the banks. In case the shipment is lost before it arrives, the insurance company will reimburse them for their loss. Without marine insurance, it is not economical and practical to carry on both local and overseas commerce.
TPISC protects you from risks connected with navigation, transportation or any stage in the preparation for shipment, to which a ship, cargo, freightage, profits, or other insurable interest in moveable property, may be exposed during a certain voyage, shipment, transit, or stage of preparation or for a fixed period of time.
- Marine Cargo
- Inland Marine
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