Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination.
Cargo insurance is a sub-branch of marine insurance, though Marine also includes Onshore and Offshore exposed property; Hull; Marine Casualty; and Marine Liability.
When goods are transported by mail or courier, shipping insurance is used instead.
Whether you have a motor yacht, cruiser, or sport fish your yacht is your “pride and joy” as well as a major investment. Your investment should be protected with insurance coverage that meets your specific needs. Global Insurance Broker Co., Ltd. is proud to provide you with the proper marine insurance that will allow you to relax and enjoy your yacht, knowing that your investment is protected.