insurai preloader Logo

Marine Insurance

Marine Insurance provides financial protection against loss or damage to goods, cargo, vessels, and other maritime assets during transportation by sea, air, rail, or road. It helps businesses, importers, exporters, logistics companies, and individuals safeguard their shipments against unexpected risks that may occur while goods are in transit.

At Veeline Insurance Agency, we help clients access comprehensive marine insurance solutions through trusted insurance providers, ensuring their cargo and business interests remain protected throughout the transportation journey.


What Marine Insurance Covers

Cargo Damage or Loss

Provides compensation for physical loss or damage to goods during transit.

Covered Risks May Include:

  • Accidental damage

  • Rough handling during loading and unloading

  • Water damage

  • Fire and explosion

  • Collision incidents

  • Natural disasters


Theft and Pilferage

Protects against financial losses resulting from theft, burglary, or unauthorized removal of goods while in transit.


Vessel Accidents

Coverage for losses resulting from:

  • Ship collisions

  • Grounding

  • Sinking

  • Capsizing

  • Mechanical failures


General Average Contributions

Marine insurance may cover costs shared among cargo owners when sacrifices are made to save a vessel and cargo during an emergency.


Fire and Explosion

Protection against losses caused by fire, explosions, and related incidents occurring during transportation.


Natural Disasters

Coverage may include losses caused by:

  • Storms

  • Cyclones

  • Lightning

  • Floods

  • Earthquakes


Types of Marine Insurance

Marine Cargo Insurance

Protects goods and merchandise while being transported locally or internationally.

Suitable for:

  • Importers

  • Exporters

  • Manufacturers

  • Wholesalers

  • Retail businesses


Inland Transit Insurance

Provides protection for goods transported by road or rail within the country.


Open Cover Marine Insurance

Ideal for businesses that frequently transport goods. Multiple shipments are covered under a single policy for a specified period.


Specific Voyage Policy

Provides coverage for a single shipment or specific journey from one location to another.


Hull Insurance

Protects ship owners against damage to vessels, boats, and other marine equipment.


Benefits of Marine Insurance

  • Protects goods during transportation

  • Reduces financial losses from transit risks

  • Supports business continuity

  • Provides peace of mind for importers and exporters

  • Facilitates international trade

  • Covers a wide range of transportation risks


Who Needs Marine Insurance

Marine Insurance is suitable for:

  • Importers and exporters

  • Manufacturers

  • Logistics companies

  • Freight forwarders

  • Shipping companies

  • Retail businesses

  • Construction companies transporting equipment

  • Businesses involved in international trade


Why Choose Veeline Insurance Agency

  • Access to trusted insurance providers

  • Tailored marine insurance solutions

  • Professional risk assessment

  • Competitive premium options

  • Fast policy processing

  • Dedicated claims support


Common Exclusions

Marine insurance policies may not cover:

  • Deliberate damage or misconduct

  • Ordinary wear and tear

  • Poor packaging

  • Delayed delivery losses

  • Inherent defects in goods

  • Uninsured high-risk activities


Claims Process

How to Make a Claim

  1. Notify the insurer immediately.

  2. Document the loss or damage.

  3. Submit shipping and cargo documents.

  4. Claims assessment and investigation.

  5. Processing and settlement.


Required Documents

Documents may include:

  • Bill of Lading

  • Commercial Invoice

  • Packing List

  • Survey Report

  • Delivery Notes

  • Claim Form

  • Photos of damaged goods


Protect Your Cargo with Confidence

Whether you are importing, exporting, or transporting goods locally, Marine Insurance provides essential protection against unexpected losses. Contact Veeline Insurance Agency today for expert advice and customized marine insurance solutions that keep your cargo secure every step of the way.

Veeline Insurance Agency © 2026. All Rights Reserved. Designed By Bullteqs.co.ke