Marine cargo insurance is the lifeblood of international trade. Internet efficiencies have made it easy for more companies to become involved in global trade. Shippers need to be confident they have the proper insurance protection for their merchandise.
RLI’s ocean cargo marine policy protects goods shipped by water or air from physical loss or damage. Depending on the terms of sale, this coverage:
The cargo policy is tailored to the customers’ business requirements and usually includes:
RLI’s cargo policy is available on an open policy or on an individual shipment basis.
We have a very broad appetite for ocean cargo insurance. Everything from wearing apparel to bulk oil to furniture to soybeans and almost any product in between is of interest to us. We can issue policies on a gross sales or insured value basis. We also offer competitive rates, terms and conditions, including low minimum premiums. Our cargo capacity for vessel or warehouse limits is up to $30 million.
RLI Marine can meet the cargo insurance needs of the following business types:
We require the following basic information to provide a competitive cargo quote and marine insurance:
If you are interested in becoming appointed to offer RLI products or would like additional information about an RLI Marine product, please contact an underwriter in an office near you.