We created India’s first ever Marine Sales Turnover policy and on continuous basis work on providing correct marine insurance solutions to our customers.
First Policy customizes marine insurance plan depending on the client’s business. The global maritime industry is experiences extensive changes in their business due to the ever-increasing values at risk, increased litigation and technology advancement. We help clients to understand these risks & create an innovative, yet cost-efficient solution.
We are consultants with expertise and in-depth knowledge of the marine industry. Whether framing a marine sales turnover policy, establishing the nature of marine insurance, or suggesting some of the finest marine insurance companies; we give invaluable consultation at every step. With these offerings, our clients get a clear insight into the complex world of marine insurance with detailed analyses and strategic recommendations.
Tailored marine insurance plans address unique business requirements and risks. We understand the risks, understand the risks plus create and form an innovative, yet cost-efficient solution. Explore our offerings to understand the nature of marine insurance and choose the right marine policy for your business.
Our marine experts serve as an extension of the client’s management team. We work with clients to develop a comprehensive service strategy. As marine insurance professionals, we are consultants with expertise and in-depth knowledge of the marine industry. We help navigate this complex domain of business associated with all kinds of risks by providing the right solutions.
Our specialized insurance programs are designed to meet the unique needs of the marine industry and include tailored comprehensive coverage at competitive pricing.
Hull Insurance covers the physical damage or loss to the vessel itself.
Liability insurance that covers the legal liabilities of shipowners, operators, and other parties involved in maritime activities.
Builder’s risk insurance covers the risks associated with the construction or repair of vessels.
Provides coverage for losses or damages to vessels and cargo resulting from war-related perils. It includes risks such as war, acts of terrorism, civil unrest, confiscation, or hijacking.
Cargo insurance provides coverage for the goods being transported It protects against losses or damages to the cargo during transit, including risks such as theft, damage, or loss due to accidents, natural disasters, or other unforeseen circumstances.
Freight insurance covers the loss of freight revenue due to specified perils that prevent the delivery of cargo, such as damage or loss during transit. It provides financial protection for the anticipated revenue from the shipment.
Protects against a wide range of risks, including damage, loss, theft, and war-related perils.
Includes marine business insurance, marine cargo insurance policy, and inland transit insurance.
Tailored plans that address the specific needs of your business.
Access to consultants with deep industry knowledge.
Innovative solutions designed to be cost-effective.
Ensures that your operations and assets are safeguarded, allowing you to focus on business growth.
One of the most trustworthy insurance brokers in the country
Membership of UnisonSteadfast Brokers, worldwide network
Keeping customers delighted remains our primary focus
Handling large Indian multinationals, several of whom are global leaders
High IT investment & with constant innovation ensures we best in class services to our clients
Core team of FP comprises of insurance, finance, legal, and engineering experts
Marine and cargo insurance essentially provides cover for loss or damage to any cargo in transit. This includes cover against storms, accidents, theft, and other events that may cause loss during the transit of goods.
This, therefore, makes marine transit insurance very critical for any business that involves the transportation of goods either by international or domestic sea routes. It secures your business from monetary losses if your cargo is partially or completely damaged while on transit.
Check out marine insurance companies based on reputation, claim-settlement process, coverage options, and customer service. Additionally, it will be wise to compare quotes obtained from different providers in order to get the right policy that fits the needs of the business.
Yes, marine insurance companies provide policies tailored to your business needs. You may indicate the coverage applicable to the nature of goods you transport and the routes taken.
Most cargo transit insurance policies cover a very wide scope of coverage. There are, however, a few that contain exclusions such as goods that are deemed high-risk. Therefore, it is necessary to check through the fine print of your policy and further discuss it with your insurer to be certain that the nature of the cargo to be embarked upon will be fully covered.
