Ocean Marine Insurance
Custom Cargo
Coverage Description
Travelers individually-designed global transportation coverage is available for highly complex ocean cargo accounts and freight forwarders. Travelers Custom Cargo policy provides the high degree of sophistication and customization needed to provide protection against diverse transportation exposures.
A sampling of the coverages frequently included in the Custom Cargo policy include:
- Contingent interest
- Difference in conditions
- Consequential loss
- Control of damaged goods
Target classes of business include:
- Automobiles
- Chemicals (bulk or packaged)
- Food products (wheat, grain, rice)
- Machinery
- Metals
- Ores & concentrates
- Pharmaceuticals
- Refrigerated goods
Customer Profile
- Importers and exporters
- Manufacturers
- Commodities traders
- Freight forwarders
Click here to access the enhanced Ocean Cargo Special Policy issuance system that allows insureds to prepare and issue special policies 24 hours a day, 7 days a week.
