» MARINE (VOYAGE) INSURANCE ...

This insurance is obtained to cover loss or damage to cargo whilst being transported by land, sea or air, and is a single voyage cover.
If necessary this policy could be extended to cover the voyage plus a period of time after arrival at the destination.

» OPEN COVER ...

This policy is designed for Companies engaged in regular overseas trade and is issued to Importers, Exporters and those who have frequent shipments and transits. There are many advantages in obtaining this policy. Some of the salient features of this policy are: (i) Cover is arranged in advance, thus no risk in any shipment being uninsured. (ii) Rates of premium are fixed. (iii) This policy could be lodged with the Banks, thus providing easy facilitation of establishing letters of credit. (iv) Premiums are paid on each shipment that is effected.

» OPEN (FLOATING) POLICY ...

This policy is similar to the Open Cover policy except that the calculation of the premium is based on the annual turnover and a deposit premium is collected at the time of obtaining this cover. When the period is completed and all declarations have been sent to the Insurer, the adjustment in premium is made, involving either a refund to the Insured or an additional premium is charged.

» GOODS IN TRANSIT INSURANCE ...

Goods and merchandise transported within Sri Lanka are generally covered under a Goods in Transit policy. Cover is granted for loss or damage due to fire, theft or accident. This is an annual policy renewable every year. One of the most important features of this policy is that the goods can be carried in any vehicle, whether it be the Insured's own or hired vehicle.