Zurich Marine Cargo Insurance covers loss of or damage to goods when they are in import / export / domestic transits within China.
Zurich provides a comprehensive range of customized cargo insurance and risk management solutions for manufacturing-type enterprises, customers who provide services covering production, processing, assembling and distributions for miscellaneous commodities, traders engage in international and domestic trading , upstream logistics providers, as well as main contractors & sub-contractors working in engineering project area. Our insurance provides the coverage for ocean-going shipments, aircraft transportation, inland transit (road/railway/inland water), parcel post and multimodal transportation.

Our Advantages

Global Network

We can serve our customers with representatives of Zurich in more than 170 countries & regions in terms of underwriting, claim and customer service, through which to satisfy customers' requests on insurance and risk protection in a globalization network.

Local Expertise

Our dedicated and experienced underwriters duly understand the laws, regulations and relevant insurance rules applicable in each overseas country & region. We have the capabilities and experiences to work out tailor-made insurance solutions to satisfy customers'  business needs and individual country' s insurance requirement. Our underwriting knowledge and skills can meet customers in complicated insurance segments, by which to make sure our scheme is corresponding to the risk exposure. We always keep the concept: we know risks, and we know customers.

Online Policy Issuance

E-marine system provides a safe, quick response with user friendly interface, upon click the button customers can realize on-line declaration & certificate issuance easily at any time and any place. Our dedicated underwriters and IT consultants may offer clients expanded services and offline resources whenever a call come from any one customer.

Sufficient underwriting capacity can meet insurance needs of various kinds of large engineering projects'  cargo shipments as well as heavy load & specialized cargo transportation.

Loss Prevention Service

With professional Marine loss prevention engineers all over the world we offer value added loss control engineering services to minimize man-made losses associated with heavy lift & complicated cargo shipments. Meanwhile, we assist clients to enhance their internal risk management level through providing risk management proposal for customers on the basis of previous loss data and analysis.

Professional Claim Service

We provide immediate feedback upon receiving clients’ claim requests, and we aim to offer quick and efficient claim and recovery service through global claim network.

Our Products

Ocean Marine Cargo Insurance & Aircraft Cargo Insurance

The insurance covers loss &/or damage to the goods while in transit because of insured perils. The coverage include:

• Losses or damages due to natural hazards &/or unforeseen accidents (Total loss or Partial loss)

• Warehouse to warehouse cover

• General Average losses and General Average contributions

• Litigation and sue & labor charges incurred from preventing & mitigating losses Discharging, warehousing and forwarding charges as a result of insured perils

• It can be extended to include inland transit, cargoes in warehousing, as well as the coverage for war, strike, riot & civil commotion, and non-delivery.

Overland Transportation Insurance

The insurance covers loss &/or damage to the goods suffering natural hazards and unforeseen accidents while in road transit, railway transit and inland water shipment including the loss & damage to the subject-matter insured due to the carrying conveyances suffering grounding, stranding, sinking and collision of craft during connecting barge carriage.

Parcel Post Insurance

The insurance provides the coverage for physical loss or damage arising from any external cause commencing from the time of registration until delivery of the packages at destination.

Project Cargo Insurance & Delay In Start-Up (abbreviated as ‘DSU’)

The insurance provides coverage for cargoes that are engineered, fabricated and procured for a specific construction project’s utilization. The coverage generally attaches from the goods leaving the suppliers’ warehouses till the arrival at final project site including but not limited to loading, discharging, hoisting, carrying conveyances’ selection, cargo stowage, cargo transit, storage, transshipment, sea area where passing through, project location & its adjacent geographic area, change of conveyances, logistics providers, port stevedore and actual shipment carriers.

On the basis of project engineering contract as well as requests came from project owner &/or financing party &/or lender, Marine Delay in Start-Up is extended under project cargo insurance, in which it covers the consequential loss as a result of delay of goods arrival at project location caused by goods suffering insured external reasons. Financial losses covered under Marine DSU include gross profit, standing charge, rental expense, tax, debt servicing, and other relevant financial losses that can be attributable to the delay in arrival.

Target project type includes：

• Power plant construction (wind farm, coal fired, combined-cycle power, nuclear power, hydro power and other technologies)

• Power transmission and distribution

• Oil and gas pipeline

• Petrochemical and refinery

• Infrastructure construction including but not limited to highway, bridge, tunnel, waster water treatment, water cycle & purification, underground pipe laying)

• Seaport and airport’s construction &/or modification

• Manufacturing plant construction &/or transformation including but not limited to cement plant, paper plant, chemical plant, semi-conductor plant

• Building and superstructure’s construction &/or modification

• Mining

Cargo Stock Through-put Insurance (abbreviated as ‘STP’)

STP insurance provides coverage from any raw material to final product by using one single policy. The comprehensive insurance protection offers insurance duration attaching from the time when cargo leaves the first warehouse, through all transits, working in process, intermediate storage and other stops during the whole logistics supply chain, until goods reach the final customer or the cease of client’s responsibility for insurance. Detailed coverage are as per following:

• Import & Export shipments

• Overland transportation

• Temporary & intermediate storage/stay

• Manufacturing & working in process

For customers having storage, process and transportation operations outside China, we utilize Zurich global network to cover its overseas risk exposures via local admitted insurance arrangement. It can not only meet insurance regulation of risk country/territory but also it may offer customers immediate claim service locally. Through the combination of dynamic and static risks STP insurance ensures seamless coverage and one-stop service model on worldwide basis.

Policy Type

Zurich offers a range of policy types for marine cargo that allows the customer to choose the best insurance solution for their business:

• Marine Cargo Annual Policy

• Marine Cargo Open Cover

• Single Shipment Policy

Our Web Portal Service

Zurich offers a range of policy types for marine cargo that allows the customer to choose the best insurance solution for their business:

• Marine Cargo Annual Policy

• Marine Cargo Open Cover