Worldwide Ocean Cargo Insurance Benefits

  • Insurance protection on goods in transit worldwide, including storage
  • Solutions tailored to the size and complexity of your unique exposure
  • Marine industry expertise
  • Fast, flexible underwriting response
  • Streamlined billing and simplified accounting
  • Customized global claim and recovery programs
  • Broad global network capabilities with Chubb-owned offices in major markets and network of long-term partners committed to Chubb’s global standards
  • Backed by Chubb’s financial strength and industry-leading technology
  • Online certificate issuance

Coverages & Services

  • Ocean, Air, and Overland Transit Insurance for goods in international trade, as well as domestic coastwise trade
  • Controlled Master Programs with locally written underlying policies where required and permitted by law
  • Multiline coverage when combined with other Chubb products
  • Shippers Interest Cargo
  • Project Cargo
  • Bailee Liabilities, including Non Vessel Operating Common Carrier (NVOCC) and Air Cargo Legal
  • Alternative risk transfer/retention options
  • Tailored engineering, including marine risk management services
  • Global risk transfer options for large, complex financial requirements, including:
    • Dedicated team of specialists in global marine program structures
    • Customized risk transfer options, as well as risk retention options through deductible and retrospective rating structures and use of captive reinsurers

Minimums & Limits

  • Minimum premium: $1,500
  • Limits up to $25 million

Target Clients

  • Exporters
  • Importers
  • Manufacturers
  • Logistics companies and businesses that ship unusual or distinctive products

Resources

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