Buy Marine Insurance in India

🚢 Protect Your Cargo in Transit – Across Land, Sea, and Air

Goods in transit face a wide range of risks—from accidental damage and theft to storms and collisions. Whether you’re an exporter, importer, manufacturer, or logistics provider, safeguarding your cargo is essential to avoid financial loss. BTW IMF offers tailored Marine Insurance solutions that protect your shipments from the point of dispatch to the final destination.

Fast and Reliable
Service
Customize Policy
End to End Claim
Fast and Reliable
Service
Customize Policy
End to End Claim
Expert Guidance
Expert Guidance
Easy Claim Process
Rising Awareness
Expert Guidance
Easy Claim Process
Rising Awareness
Easy Claim Process

What is Marine Insurance?​

Marine insurance is a policy that provides coverage against loss or damage to goods, cargo, ships, and other transport assets while in transit. It covers various risks such as theft, fire, natural disasters, collisions, and handling issues that may occur during transportation by sea, air, road, or rail.

 

Why is Marine Insurance Important?​

Whether you are an importer, exporter, manufacturer, or logistics provider, transporting goods always carries risks. Marine insurance helps you manage those risks by providing financial protection in case of unforeseen events. It ensures your business operations are not disrupted due to cargo losses and helps maintain your reputation and financial stability.

How to Get a Marine Insurance Policy?

Share your requirements

Type of goods, transit mode, destination, and shipment frequency.

Get a quote

We provide competitive premium options from trusted insurance partners.

Policy issuance

Quick and easy documentation with digital policy delivery.

Support during transit

Get help if any loss occurs, and we assist in processing the claim efficiently.

Ready to insure your Marine? Contact us today at BTW IMF
and let us find the best plan for you!

What Does Marine Insurance Cover?

Loss or damage due to fire, explosion, lightning, or natural calamities
Theft or burglary during transit
Accidents like collision or overturning of the vehicle
Damage during loading or unloading
Sinking, grounding, or stranding of vessels
General average loss or jettison of cargo
Entry of seawater, river water, or rainwater into the cargo hold

What is Not Covered?

Delays in transit or consequential financial loss

Improper packing or inherent defects in the cargo

Willful misconduct or negligence by the insured

Losses due to use of unseaworthy or unfit mode of transport

Damage caused by war, strikes, or nuclear incidents (unless specifically covered)

Benefits of Marine Insurance from BTWIMF

All Modes Covered

Secure your cargo whether it's moving by sea, air, road, or rail.

Customised Plans

Choose between single-transit or open policies based on your business needs.

Minimal Paperwork

Streamlined documentation and quick policy issuance.

Claim Assistance

Dedicated support team to help you through every step of the claim process.

Cost-Effective Solutions

Affordable premium options with comprehensive coverage.

Who Should Buy Marine Insurance?

Exporters and importers
Manufacturers and wholesalers
Freight forwarders and logistics companies
Traders and cargo handlers
E-commerce companies and distribution partners

Types of Marine Insurance

This covers a specific shipment from the point of origin to the destination. It is ideal for businesses with occasional shipping needs.

Designed for businesses with frequent shipments throughout the year. This policy provides continuous coverage for multiple consignments under one plan, saving time and administrative effort.

 Provides coverage for goods transported within the country via road or rail.

  • Covers international shipments, whether by sea or air. Suitable for cross-border traders and exporters.

This is meant for shipowners to cover loss or damage to vessels, including the machinery and equipment.

Licensed By

IRDA Number: IMF074901202406490 | Startup India - Certificate No: DIPP144064

BTW IMF is the registered trademark of BTW Financial Services & IMF Private Limited. All rights reserved. Reg Office – BTW Financial Services & IMF Pvt Ltd, Office No 402, 4th Floor, Marathon Icon, Marathon Nextgen Campus, Ganpat Rao Kadam Marg, Opposite Peninsula Corporate Park, Lower Parel, Mumbai – 400013 | Correspondence Address: BTW Financial Services & IMF Pvt Ltd, 33/15, Prashant Bunglow, Opp Garware College, Karve Road, Pune – 411004.

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