back Back to Blogs

Why Choose ICICI Lombard For Your Marine Cargo/Transit Insurance?

Posted on 21 Feb 2021

A Marine Insurance Policy provides financial protection against any loss or damage to cargo or goods, arising due to unforeseen perils such as fire or lightening, collision, overturning/derailment or rain water damages etc.
However, choosing the right insurance provider is as important as buying the policy itself. With a plethora of insurance companies offering Marine Insurance in India, selecting an appropriate insurer can sometimes become confusing. Hence, it would help if you keep certain factors in mind while choosing an insurer, such as its market reputation, claim settlement ratio, etc.
ICICI Lombard, one of India's prominent insurance companies, offers Marine Transit Insurance/Marine Cargo Insurance for all kinds of traders or manufacturers dealing in transportation of their cargo or commodities.

icon

Below are a few reasons why you can choose ICICI Lombard as your insurer:

  • Comprehensive coverage against the adversities

    ICICI Lombard Marine cargo Insurance Policy offers coverage against the unforeseen situations that may arise during loading or unloading of cargo or during the transit. It covers any financial loss or damage to the cargo due to perils such as, collision, overturning, theft, strike, or natural calamities.
    Moreover, the policy also ensures that the goods stay protected all the modes of transportation, including air, water, roads, and railways as well.

  • Customise the policy as per your needs

    You can easily customise ICICI Lombard Marine Cargo Insurance Policy as per your specific requirements. For example, you can choose to extend the policy's coverage to loss or damage of goods due to theft, strike, riots, terrorism, and other human-made hostilities. This way, you can widen the scope of coverage of your Marine Insurance policy by paying an extra premium.

  • Purchase the policy from the comfort of your home

    With ICICI Lombard, you can easily purchase an online transit insurance policy from the comfort of your home. All you need to do is visit our website, enter your cargo and transit details along with basic information, and pay the premium using a debit/credit card, net banking, or any online payment wallet.

  • Excellent ability to settle claims

    Before buying any insurance policy from an insurer, you must look at its ability to settle the customers' claims. ICICI Lombard is one of the best insurance companies when it comes to claim settlement. We have constantly set benchmark with the claim settlement ratios that are best in the industry. Till date, we have settled the claims of more than 1.8 million happy customers.

  • Round the clock customer assistance facility

    Our customer service executives are available 24x7 to help you out with any doubts or queries regarding your marine or transit insurance policy. You can contact us anytime at our toll-free number 1800 2666. Alternatively, you can visit the "Support" section of our website in case you need any information regarding the purchase of the policy or filing a claim.

To Conclude

Choosing the wrong insurer is as good as not buying the insurance policy at all. It is because you may either get inadequate coverage or face hassles during the time of claim. Therefore, choose your insurer wisely. Opt for one of the prominent insurance companies like as ICICI Lombard, which has a the past records of serving millions of happy customers over the years.

  • Marine Transit Insurance (Inland) Policy
  • Product Code: 2005
  • Product UIN: IRDAN115CP0007201920

This contains only an indication of the cover offered. For complete details on risk factors, terms, conditions, coverages and exclusions, please read the sales brochure carefully before concluding a sale.ICICI trade logo displayed above belongs to ICICI Bank and is used by ICICI Lombard GIC Ltd. under license and Lombard logo belongs to ICICI Lombard GIC Ltd. ICICI Lombard General Insurance Company Limited, ICICI Lombard House, 414, Veer Savarkar Marg, Prabhadevi, Mumbai – 400025. . IRDA Reg.No.115. Toll Free 1800 2666. Fax No – 022 61961323. CIN (L67200MH2000PLC129408). customersupport@iciclombard.com. www.icicilombard.com. (Marine Single Transit Insurance, 2005, IRDAN115CP0007201920)