Marine and Cargo Takaful

  • Marine & Cargo Takaful

    Marine Takaful covers loss or damage of goods during normal course of transportation. In case of any loss or damage during transportation/voyage the same would be settled according to the respective Institute Cargo and/or Rail/Road Clauses.

  • Types of Marine Cargo Takaful

    The following are three types of Marine Cargo Takaful:-

    1. • Import Takaful
    2. Import of all types of shipments through Sea, Air and/or Rail/Road from other countries is called “Marine Import Takaful”.

    3. • Export Takaful
    4. All types of shipments being sent to other countries through sea, air and/or Rail/Road is called “Marine Export Takaful”.

    5. • Transit Takaful
    6. This takaful covers loss or damage during transportation of goods within the country through sea, air, and/or Rail/Road.

  • Loss Compensation

    The following risks are supposed to be happening during voyage:-

    • - Loss due to Snatching of goods
    • - Loss or damage due to Fire
    • - Loss or damage due to breakage/wear and tear of goods
    • - Loss or damage due to terrorism
    The Marine Takaful compensates loss or damage due to above mentioned risks and/or like nature. For further clarification you may contact our nearest office or phone numbers of the Company.

  • Necessary required information for Marine Takaful

    1. - Name of Participant
    2. - Complete address of consignee/consignor
    3. - Shipping advice, truck and/or Bilty Nos. and date of shipment/dispatch etc.
    4. - Complete details of goods.
    5. - International Packing standard etc.