What are the exclusions of Hull Insurance?

Exclusions usually include wear & tear, inherent vice, war risks, improper packing, delay, and loss of market. Specific exclusions depend on the policy wording and mode of transport.

Corporate Risk Advisory

Hull Insurance for Cargo & Goods in Transit

Protect your consignments, supply chain, and trade contracts with clarity.

Transit-related losses—whether caused by accidents, theft, mishandling, or non-delivery—can disrupt supply chains, breach trade contracts, and impact cash flow. A structured Hull Insurance plan protects not just the physical goods but your trade commitments, Letter of Credit compliance, and financial stability.

Advisory Expertise

Transparent, structured assessment of transit modes, routes, cargo value, and Incoterms.

Accurate Multi-Insurer Quotes

RBIQ prepares compliant RFQs for faster insurer responses.

Claims Support & Servicing

Dedicated guidance during claims with audit-friendly documentation.

Get Hull Insurance options for your Cargo

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By clicking Continue, you agree to receive advisory communication from RiskBirbal. This is an educational interaction and does not guarantee policy issuance or claim approval.

Why Hull Insurance Matters for Your Trade Business

Transit-related risks—whether from road accidents, theft, mishandling, rough seas, or non-delivery—can escalate rapidly. A single incident can damage high-value consignments, interrupt supply chains, cause contractual penalties, and disrupt cash flow. Hull Insurance creates a financial safety barrier that protects your trade operations and contractual obligations during such events.

RISK 01

Supply Chain Disruption

Damage or loss of goods in transit can halt production lines, delay deliveries to clients, and disrupt inventory planning.

RISK 02

Cargo Damage & Loss

Goods are vulnerable to accidents, theft, pilferage, mishandling, weather, and perils of transport across all modes.

RISK 03

Contractual Compliance & LC Requirements

Trade contracts, Letters of Credit (LC), and enterprise clients often mandate transit insurance before shipment.

RISK 04

Financial Loss & Cash Flow Shock

Cargo replacement, contract penalties, and lost sales can create major financial strain without proper insurance.

Benefits

Protect Goods in Transit

Safeguards raw materials, finished goods, and consignments against physical loss or damage during transport.

Ensure Trade Continuity

Helps maintain business stability by covering financial losses arising from transit incidents.

Strengthen Contract Compliance

Supports LC conditions, vendor agreements, and international trade requirements.

Improve Financial Planning

Prevents sudden cash flow disruptions due to unforeseen transit-related losses.

This information is for educational purposes only. Coverage terms vary based on insurer, policy wording, and underwriting assessment.

What is Hull Insurance?

Hull Insurance is a commercial marine insurance policy designed to protect your goods, cargo, and consignments against physical loss or damage during transit by road, rail, sea, or air. It ensures your business does not suffer a major financial setback due to unexpected transit incidents, securing your supply chain and trade obligations.

Primary Protection

Covers physical loss or damage to insured goods caused by accidents and perils of transport.

All Modes of Transport

Protects goods across various transit modes—road, rail, sea, air—under a single policy framework.

Contractual Security

Provides financial protection that helps businesses meet trade contract and Letter of Credit obligations.

Customisable Add-Ons

Additional optional covers can extend protection for theft, non-delivery, war risks, and more.

What It Does Not Do (Boundary Clarity)

Hull Insurance does not cover every scenario; it applies only to specified perils listed in the policy.
It does not automatically cover loss of profit or delay unless added as a specific extension.
It does not replace poor packing or inherent vice of goods unless explicitly permitted under the policy wording.

In One Line

Hull Insurance protects business goods and cargo against financial losses caused by transit risks and accidents.

This explanation is for educational purposes only. Actual coverage specifics depend on insurer wording, policy terms, endorsements, and underwriting assessment.

RiskBirbal's Insight: What Usually Goes Wrong in Hull Insurance

Businesses often assume Hull Insurance is straightforward, but in practice, many claims become complicated due to preventable issues. The challenges usually come from incorrect declarations, misunderstood coverage terms, or logistical practices that do not align with insurer requirements. RiskBirbal identifies and addresses these blind spots early, so your consignments remain protected throughout the policy lifecycle.

Incorrect Cargo Valuation (Underinsurance)

Many businesses declare values based on cost price, excluding freight and insurance, leading to underinsurance and proportionate claim deductions.

Incoterms & Liability Mismatch

Incorrect understanding of Incoterms (like FOB, CIF) can lead to gaps in who is responsible for insurance at which stage of the journey.

Poor Packing & Documentation

Inadequate packing leads to claim denials. Missing shipping documents, photos, and condition reports result in delays or disputes.

Delayed Claim Notification

Failure to notify the insurer immediately upon discovery of loss or damage weakens the claim position and can lead to rejection.

How RiskBirbal Prevents These Issues

Structured Valuation Guidance

We verify sums insured using correct valuation methods (CIF, CIP) and include all relevant costs to prevent underinsurance.

Incoterms & Risk Transfer Analysis

Our team clarifies insurance responsibility based on your trade terms, ensuring no coverage gap between buyer and seller.

Pre-Shipment Documentation Framework

We provide a pre-shipment checklist for packing photos, condition reports, and shipping documents for insurer-ready submissions.

Proactive Claim Notification Protocol

We establish clear internal protocols for immediate claim notification to the insurer upon receipt of damaged goods.

RiskBirbal Signature Approach

Our hybrid “Tech + Human” model ensures:

RBIQ Data Consistency

RBIQ checks cargo details, routes, and values before sending RFQs.

Underwriting Intelligence

Internal underwriting intelligence flags high-risk routes or cargo types.

Claims Framework

Claims framework ensures correct documentation is captured immediately upon incident.

Preventive Advisory

Preventive advisory on packing and carrier selection reduces disputes before they occur.

This section is advisory in nature. Actual coverage and claim outcomes depend on insurer policy wording, transit conditions, and compliance with warranties.

What Does Hull Insurance Cover?

Hull Insurance provides financial protection to your business by covering physical loss or damage to insured goods arising from transit risks. While exact coverage varies by insurer and policy wording, most commercial Hull Insurance policies follow a structured framework that protects cargo across all transport modes and against common perils.

Illustration showing cargo protected across road, sea, rail, and air transport modes

Coverage Structures

Goods & Consignments

Protects your raw materials, semi-finished goods, finished products, and trade merchandise during the entire transit journey.

Accidents & Overturning

Covers damage caused by road accidents, collisions, overturning of transport vehicles, derailment, or similar incidents.

Theft, Pilferage & Non-Delivery

Provides protection against theft, pilferage, hijacking, and mysterious disappearance (non-delivery) of the entire consignment.

Perils of Sea & Inland Waterways

Includes sinking, stranding, grounding, fire, collision, and perils of the sea for shipments transported via waterways.

Air Transit Risks

Protects goods against risks associated with air freight, including crash, fire, and mishandling during loading/unloading.

General Average & Salvage

Covers the insured's proportion of General Average sacrifices and salvage charges, particularly in marine shipments.

Extended Protection (Add-Ons)

Warehouse to Warehouse cover
War, Strike, Terrorism risks
Delay in start-up (for project cargo)
Temperature variation (for cold chain)
Rejection risks (by customs/authorities)
Air drop & transshipment risks
Increased value / peak season cover

Boundary Clarity

Coverage applies only from the start of transit to the final destination as per policy.

Loss of profit or consequential loss is not automatically included unless added as an extension.

Some perils (e.g., war, theft) may require explicit inclusion or sub-limits.

Insurer-specific wording governs actual claim eligibility.

This coverage summary is for educational purposes only. Actual coverage depends on insurer terms, conditions, and underwriting assessment. Always refer to the specific policy wording for complete details.

Illustration showing cargo with common exclusions like poor packing, delay, and wear & tear

What Hull Insurance Does Not Cover (Important Exclusions)

Hull Insurance provides protection against several transit risks, but like all commercial insurance products, it also contains exclusions—specific situations or causes of loss that are not covered. Understanding these exclusions is essential for accurate expectation setting and for ensuring that your business follows the right logistical practices.

Inadequate or Improper Packing

Losses caused by insufficient, defective, or unsuitable packing for the intended journey are not covered.

Ordinary Leakage, Wear & Tear

Gradual deterioration, ordinary loss of weight or volume, or inherent vice of the goods is excluded.

Willful Misconduct or Negligence

Losses caused deliberately or due to intentional misconduct or gross negligence of the insured are excluded.

Delay & Loss of Market

Financial loss due to delay in delivery or loss of market, even if the delay is caused by an insured peril, is excluded.

War, Civil War & Nuclear Risks

Any damage arising from war, invasion, hostilities, civil war, rebellion, or nuclear reactions is excluded unless covered by add-on.

Unseaworthiness of Vessel

For marine shipments, loss caused by unseaworthiness of the vessel if the insured was privy to such condition.

Grey Areas (Common Dispute Zones)

These areas often lead to disagreements during claims due to unclear documentation or logistical gaps.

Concealed Damage

Damage discovered only after unpacking at final destination, where the carrier denies responsibility due to late reporting.

Non-Delivery vs. Theft

Distinguishing between non-delivery (mysterious disappearance) and theft, as coverage and evidence requirements differ.

Improper Packing Determination

Disputes over whether packing was adequate for the normal journey, especially for fragile or high-value goods.

Valuation & Underinsurance

Disagreements on the proper valuation of goods (CIF vs. FOB) leading to underinsurance and proportional settlement.

RiskBirbal Advisory Value

RiskBirbal proactively identifies exclusions and grey areas during the buying stage to protect clients from future disputes. Our ecosystem ensures:

Packing standards and documentation are advised upfront

Correct valuation methods are applied to prevent underinsurance

Clear protocols for immediate inspection upon delivery

Add-ons are recommended to cover specific grey areas like theft or non-delivery

Boundary Clarity

These exclusions are standard industry practices.

Final applicability depends on insurer policy wording.

Add-ons may override certain exclusions if purchased.

This exclusion summary is for educational purposes only. Actual exclusions depend on insurer terms, policy wording, and underwriting requirements. Always refer to the insurer-issued document for full exclusions.

Enhance Your Protection With Add-On Covers

Hull Insurance can be strengthened using optional add-ons that address specific transit risks, regulatory requirements, and exposure patterns. These add-ons ensure that your coverage aligns with real-world trade needs, not just basic policy requirements.

Visual showing extended cargo protection with add-on shields

Enhanced Risk Add-Ons

Theft & Pilferage Extension

Explicitly covers theft, pilferage, and non-delivery of the entire consignment, which may be excluded or limited in the base policy.

War, Strike, Terrorism (SRCC)

Provides coverage against loss or damage caused by war, strikes, riots, civil commotions, and terrorist activities.

Logistics & Journey Extensions

Warehouse to Warehouse Cover

Extends coverage from the point of origin warehouse to the final destination warehouse, including temporary storage.

Transshipment & Intermediate Storage

Covers risks during transshipment (transfer from one conveyance to another) and during intermediate storage.

Temperature Control (Cold Chain)

Protects against loss or damage caused by breakdown of refrigeration units or failure of temperature control.

Special Cargo & Project Extensions

Delay in Start-Up (DSU)

Covers financial loss due to delay in the start of a project caused by loss or damage to project cargo during transit.

Rejection & Condemnation Risks

Covers loss if the consignment is rejected by customs or other authorities for reasons beyond the insured's control.

Increased Value / Peak Season Cover

Allows for higher sum insured during peak seasons or for specific high-value shipments without adjusting the base policy.

Air Drop & Specialized Transport

Covers risks associated with specialized modes of transport like air drop, containerized shipments, or heavy lift.

Financial & Contractual Extensions

General Average & Salvage

Explicitly covers the insured's proportion of General Average and Salvage charges in marine shipments.

Forwarder's Liability Extension

Extends coverage to include legal liability to carriers or forwarders under contract.

Incoterms Compliance Cover

Ensures coverage aligns perfectly with the insurance responsibility under specific Incoterms (e.g., CIF, CIP).

When Do These Add-Ons Matter? (Advisory Guidance)

This block should educate businesses using simple, scenario-driven examples:

If you ship high-value or easily saleable goods → Theft & Pilferage extension is essential.

If your cargo transits through high-risk regions → War & Terrorism (SRCC) cover becomes critical.

If you transport pharmaceuticals or perishables → Temperature Control cover is important.

If you are moving machinery for a new plant → Delay in Start-Up (DSU) protects project timelines.

If you ship via ocean freight → General Average cover is a standard necessity.

RiskBirbal Advisory Value

Cargo Type & Value
Transit Routes & Geography
Mode of Transport
Contractual & LC Terms
Past Loss History
Industry-Specific Risks
International Trade Regulations

Based on this, RBIQ suggests relevant add-ons automatically during the quotation journey.

This information is for educational purposes only. Add-on availability, definitions, and terms vary by insurer, underwriting guidelines, and policy wording.

Image showing diverse businesses like importers, exporters, and manufacturers protecting their cargo

Who Should Consider Hull Insurance?

Hull Insurance is essential for any business that moves goods—whether raw materials, finished products, or project cargo—across any distance. Whether you import, export, manufacture, or trade, Hull Insurance protects your business against financial loss caused by transit risks and ensures compliance with trade contracts.

Business Categories That Require Hull Insurance

Importers & Exporters

Businesses engaged in international trade need protection for goods crossing borders via sea, air, or land.

Manufacturers & Producers

Companies moving raw materials to factories or finished goods to distributors require transit risk coverage.

Traders & Distributors

Businesses that buy and sell goods, requiring movement between cities or states, benefit from cargo protection.

Project & Infrastructure Companies

Firms transporting heavy machinery, equipment, or construction materials for projects need specialized transit cover.

Logistics & Freight Forwarders

As custodians of client goods, forwarders often need contingent liability cover or advise clients on insurance.

Agricultural & Commodity Traders

Businesses moving perishable or bulk commodities require protection against spoilage, theft, and damage.

Operational Triggers Where Hull Insurance Is Critical

If your business relies on the physical movement of goods to generate revenue
If your trade contracts or Letters of Credit (LC) mandate transit insurance
If you use third-party carriers (truck, rail, ship, air) for transportation
If you cannot absorb the financial loss of a damaged or lost consignment
If your goods travel through high-risk routes or multiple jurisdictions

Special Scenarios Where Hull Insurance Becomes Mandatory

Letter of Credit (LC) requirements from banks
Enterprise client or vendor onboarding contracts
International trade under Incoterms like CIF or CIP
Project financing agreements for infrastructure
Regulatory requirements for specific goods (e.g., hazardous materials)

RiskBirbal Advisory Value

RiskBirbal guides businesses in understanding whether Hull Insurance is essential for their operations by evaluating:

Transit Routes & Distance

Cargo Value & Nature

Mode of Transport

Contractual & LC Terms

Past Loss History

Supply Chain Dependencies

Financial Exposure

The RBIQ engine uses these inputs to highlight whether Hull Insurance is critical, recommended, or optional.

This information is for educational purposes only. Add-on availability, definitions, and terms vary by insurer, underwriting guidelines, and policy wording.

How Your Journey Continues

This block summarises the seamless continuation of your buying process:

Proceed to the Hull Product Variant Selection Page

Choose your coverage structure (Inland Transit, Marine Cargo, etc.)

Fill in necessary details for accurate quotations

Receive structured proposals from multiple insurers

Compare coverage, exclusions, add-ons, and pricing

Finalise the best-fit option with advisory support

How Hull Insurance Works With RiskBirbal

Buying Hull Insurance for your goods becomes simple and structured with the RiskBirbal ecosystem. Our process blends intelligent automation with experienced advisory support, ensuring that you receive accurate proposals, guidance, and lifecycle assistance from start to finish.

Share Basic Details

Provide essential information—cargo type, transit mode, value, and contact number—to initiate the journey.

Proceed to the Hull Product Variant Selection Page

You will move to the next page where you can choose the appropriate policy structure (Inland Transit, Marine Cargo, Air Cargo, etc.).

RBIQ Prepares a Structured RFQ

Our intelligent engine validates your inputs and generates an insurer-ready RFQ that meets underwriting standards.

Insurers Review and Respond

Insurers receive a clean, consistent, and complete RFQ, helping them respond faster with structured proposals.

Expert Comparison & Advisory

RiskBirbal evaluates insurer quotations, identifies coverage gaps, and prepares a clear comparison with recommendations.

Finalisation & Policy Issuance

Once you choose a proposal, we coordinate issuance, compliance checks, endorsements, and onboarding into Portfolio CRM.

Post-Purchase Support

Claims Support

We help with documentation, survey coordination, and insurer communication during claims.

Renewal Intelligence

Portfolio CRM tracks renewals, claims, and improvements for better outcomes each year.

Documentation Management

Policies, endorsements, invoices, and compliance documents are securely maintained.

Types of Hull Insurance in India

Explore the different hull insurance policies available in India, designed to protect goods across various modes of transport.

Marine Cargo Insurance

This policy covers goods transported via sea against perils of the sea, including sinking, stranding, fire, collision, and jettison.

Primary Use Ocean Freight

Inland Transit Insurance

This policy covers goods moving within the country by road, rail, or inland waterways against accidents, theft, fire, and non-delivery.

Primary Use Domestic Road/Rail

Air Cargo Insurance

This policy covers goods transported by air against risks of air transit including crash, fire, theft, and mishandling.

Primary Use Air Freight

Project Cargo Insurance

A specialized policy covering the transit of heavy machinery, equipment, and materials for infrastructure and industrial projects.

Coverage Type Specialized Project Goods

Our Insurance Partners

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Claims Support & Claim Readiness With RiskBirbal

A transit incident impacts not only the goods but also your supply chain, customer commitments, and cash flow. At RiskBirbal, our claims support framework ensures that you receive structured assistance, complete documentation guidance, and transparent coordination throughout the claim process. While the final claim decision always rests with the insurer, our role is to ensure that your case is presented professionally and accurately.

What To Do In The First 24 Hours

Immediate Inspection & Documentation

Upon receipt, inspect goods for damage. Take clear photographs/videos of the external packaging and any visible damage before unpacking.

Notify RiskBirbal Claims Desk

Share basic incident details and photos so our team can assess the situation and initiate documentation steps.

Inform the Insurer Immediately

Prompt written notification to the insurer is critical to avoid delays or disputes. We can assist with this.

Preserve Evidence & Obtain Reports

Do not dispose of damaged goods or packaging. Obtain a written survey report from an independent surveyor or the carrier.

Documents Typically Required

Original policy copy
Commercial Invoice & Packing List
Bill of Lading / Lorry Receipt / Airway Bill
Photographs/videos of damage & packaging
Carrier's / Surveyor's Damage Report
Written claim notice to the carrier
Repair/replacement estimates
Proof of ownership & value (purchase order, payment proof)

How RiskBirbal Supports You During Claims

Structured Documentation

Our CRM-backed claims workflow ensures all documents are organised, complete, and ready for insurer review.

Surveyor Coordination

We assist in coordinating surveyor visits and help ensure the correct information is shared during the assessment.

Technical Advisory

Our team interprets policy wording, Incoterms, and carrier liability to help avoid documentation gaps.

Carrier Recovery Support

We guide you on preserving recovery rights against the carrier while pursuing the insurance claim.

Dispute Avoidance

Through pre-loss guidance and clear documentation, we minimise areas where disputes commonly occur.

Common Claim Challenges & Prevention

Late Notification

Clear internal protocols for immediate reporting upon discovery.

Insufficient Evidence of Damage

Advisory on photo/video documentation before and after unpacking.

Underinsurance & Valuation Disputes

Correct valuation guidance (CIF value) during policy purchase.

Exclusion Invoked (e.g., Improper Packing)

Packing standards advisory and pre-shipment checklists.

RiskBirbal Claims Philosophy

We believe claims are won or lost before a loss occurs—through the quality of information declared, the clarity of documentation, and the consistency of compliance. That is why our advisory is not limited to purchase; it extends into logistical practices and documentation readiness.

Hull Insurance – Frequently Asked Questions (FAQs)

These FAQs address the most important questions businesses ask when evaluating Hull Insurance. Each answer is simplified for easy understanding while maintaining accuracy and compliance.

All Questions

Coverage

Claims

Pricing

Documents

What does Hull Insurance cover?

Hull Insurance typically covers physical loss or damage to goods and cargo during transit by road, rail, sea, or air. Covered perils include accidents, theft, fire, non-delivery, and perils of transport. Final coverage varies by insurer and policy wording.

Is theft covered under Hull Insurance?

Theft is often covered, but may be subject to sub-limits or specific conditions. For comprehensive protection, a Theft & Pilferage add-on is recommended. The base policy may cover theft of the entire consignment but not pilferage (partial theft).

What are the most common exclusions in Hull Insurance?

Standard exclusions include improper packing, ordinary wear and tear, delay, loss of market, inherent vice, wilful misconduct, and war risks (unless added). Refer to policy wording for exact exclusions.

What should I do if I receive damaged goods?

Do not accept the delivery without noting "damaged" on the receipt. Take photos/videos of the packaging and damage. Notify the carrier in writing immediately. Inform RiskBirbal and the insurer within 24 hours.

What documents are required during a hull claim?

Original policy, commercial invoice, packing list, transport document (BL/LR/AWB), photos of damage, survey report, claim form, and correspondence with the carrier are typically required. Specific requirements vary by insurer.

Can Hull Insurance be customised for my type of cargo?

Yes. Hull Insurance can be tailored through add-ons like Temperature Control for cold chain, Delay in Start-Up for project cargo, War Risks, and Theft extensions. Suitability depends on your cargo, routes, and risk exposure.

How is the sum insured determined for Hull Insurance?

The sum insured should be the full value of the goods at the destination, usually the Cost, Insurance, and Freight (CIF) value for imports or the selling price plus freight for domestic shipments. Underinsurance can lead to proportional claim deductions.

Is Hull Insurance mandatory for businesses?

It is mandatory in certain cases such as Letters of Credit (LC), specific trade contracts, or project financing agreements. For most businesses moving goods, it is strongly recommended due to high financial risk exposure.

How does RiskBirbal help during hull claims?

RiskBirbal supports documentation review, survey coordination, claim preparedness, and communication with the insurer. We help present the case accurately, but the insurer makes all final decisions.

How does Hull Insurance premium get calculated?

Premium depends on cargo value, nature of goods, packing, mode and distance of transit, routes, add-ons selected, and insurer underwriting guidelines.

What is underinsurance, and how does it affect claims?

Underinsurance occurs when declared cargo values are lower than actual values. Insurers may apply proportionate deductions, reducing claim payouts. Correct valuation (CIF) prevents this risk.

Can I cover multiple shipments under one Hull Insurance policy?

Yes, through an Open Cover or Float policy. These are annual contracts that automatically cover all shipments within agreed terms, limits, and declarations.

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These FAQs are for educational purposes only. Insurance coverage, claims, and terms depend on insurer policy wording, underwriting requirements, and regulatory guidelines.

The RiskBirbal Ecosystem: One Connected Insurance Operating System

Every policy, quotation, claim, and servicing request inside RiskBirbal is powered by a unified ecosystem designed to integrate advisory expertise, underwriting accuracy, digital platforms, automation, lifecycle management, and claims intelligence. This ecosystem ensures that your business experiences insurance as a continuous, structured journey—not fragmented transactions.

Purpose of the RiskBirbal Ecosystem

The RiskBirbal ecosystem acts as the central brain that aligns strategy, technology, underwriting logic, insurer communication, documentation standards, and client workflows. It is built for:

Insurer Partners

Structured communication, complete documentation, standardised processes

Corporate Risk Managers

Integrated advisory, technology platforms, lifecycle management

Internal Teams

Underwriting, operations, CRM, servicing with structured tools

Technology Teams

Product, Policies, Claims, Documentations, Relationships on unified system.

Its purpose is to ensure one unified version of truth across all interactions and all insurance products.

The Seven Governing Principles

Hybrid Tech + Human Excellence

Technology enhances capability; advisory expertise ensures correctness.

Single Customer Identity

All platforms sync into one central client profile.

Unified UI/UX Framework

A consistent design system across all portals ensures user familiarity.

Integrated Advisory + Technology Model

Insurance buying, risk management, and digital platforms operate as a unified suite.

Deep Automation Across the Lifecycle

Automation powers quoting, servicing, follow-ups, and documentation.

Enterprise-Grade Documentation & Compliance

Insured-friendly processes ensure auditability and transparency.

What the Ecosystem Includes (Platform Map)

Quotation & Advisory Layer

RBIQ: India’s intelligent RFQ and quotation automation engine
Corporate buying journeys
Marine, Fire, Liability
EB, Engineering products

Servicing & Lifecycle Management

Operational CRM
Portfolio CRM
Surveyor integration
Claims workflow

Employee & Retail

Wellconnect (HR, employees, claims, endorsements)
Corporate VAS benefits
Retail Motor, Life, Health
Travel platforms

NBFC & Special Programs

NBFC platform (CD balance, issuance, finance reconciliation)
CFA/Logistics Rapid Marine Booking
CAR/EAR Contractor Engineering Program
Fleet Insurance Program
POSP (RBOne) agent platform

Insights & Intelligence

RiskMantra predictive risk analytics
Asset Valuation Engine
AI-driven follow-up engine
WhatsApp/email automation

The Four Ecosystem Layers

Customer Layer

Corporates, SMEs, contractors, NBFC branches, employees, and retail customers interact through intuitive journeys.

Internal Operations Layer

Underwriters, claims teams, servicing executives, finance, RMs, PMT teams, and CRM workflows operate with structured, standardised tools.

Technology Layer

RBIQ, CRM, Wellconnect, NBFC portal, Retail portal, and RiskMantra are interconnected systems powered by uniform design and data logic.

Insurer Integration Layer

APIs, structured email RFQs, U/W frameworks, risk input templates, and documentation pipelines ensure insurer-friendly interactions.

RiskBirbal’s ecosystem ensures that every policy issued, every quote prepared, and every claim handled follows a consistent, structured, and data-driven methodology. This creates a long-term, measurable, and reliable insurance experience for your organisation.

Your Complete Hull Insurance Solution

Backed by Advisory + Technology + Claims Expertise

You now have a complete understanding of how Hull Insurance protects your goods, what it covers, what it excludes, and how RiskBirbal supports you through quotations, compliance, servicing, and claims. Before you move forward, here is a quick snapshot of why choosing RiskBirbal ensures a structured and confident insurance journey.

What you get with Hull Insurance

Comprehensive Cargo Protection

Covers raw materials, finished goods, and consignments from transit risks like accidents, theft, fire, and non-delivery.

Contractual & LC Compliance

Ensures you meet mandatory insurance requirements under trade contracts, Letters of Credit, and client agreements.

Supply Chain Resilience

Provides financial safety to maintain operations and customer commitments even after a transit loss.

Why RiskBirbal Makes it Better

Structured, Insurer-Ready RFQs

RBIQ ensures your RFQs are accurate, complete, and aligned with underwriting expectations for faster quotes.

End-to-End Claims Support

Our advisory team guides documentation, coordinates surveyor interactions, and tracks claim progress.

Unified Insurance Ecosystem

All policies, claims, endorsements, and renewals managed via our integrated CRM + RBIQ + Wellconnect + RiskMantra platforms.

Transparent, Advisory-Led Guidance

We simplify complex terms, prevent underinsurance, ensure packing compliance, and highlight grey areas upfront.

Final Confidence Message

When you choose RiskBirbal, you choose clarity, structure, and continuous support—not just at the time of purchase, but across claims, renewals, compliance, and trade planning. Our goal is to ensure every insurance decision you make is informed, accurate, and aligned with your business goals.

Hull Insurance Articles

What does "All Risks" mean in Hull Insurance?

Understanding the scope and limitations of "All Risks" coverage for your cargo… Read more

Incoterms 2020 & Insurance Responsibility

Clarifying who is responsible for insurance under CIF, FOB, CIP, and other Incoterms… Read more

Preventing Theft & Pilferage During Transit

Practical steps and insurance add-ons to protect your goods from theft… Read more

Marine Cargo vs. Inland Transit Insurance

Key differences and which policy is right for your shipment… Read more

How to Value Cargo Correctly for Insurance

Avoiding underinsurance by using CIF value and other correct valuation methods… Read more

Understanding General Average in Marine Insurance

What it means for shippers and how insurance covers it… Read more

Claims Process for Damaged Goods

A step-by-step guide from discovery to settlement… Read more

War Risk Insurance for Cargo

When do you need it and how to add it to your policy… Read more

Legal & Regulatory Disclosures

The information provided on this page is intended solely for general educational and awareness purposes. It should not be treated as legal, financial, or professional insurance advice. For exact coverage, terms, and conditions, please refer to the insurer-issued policy wording, endorsements, schedules, and add-on documents.

Coverage Variability Disclaimer

Insurance coverage, features, exclusions, add-ons, and claim processes vary significantly between insurers. The content presented here is indicative and may not reflect the specific terms of your chosen insurer. Final coverage will depend on the underwriting guidelines, proposal form disclosures, inspections (if any), and insurer decision.

Claims Outcome Disclaimer

All claims are assessed, processed, and settled solely by the insurer in accordance with policy terms and regulatory provisions. RiskBirbal provides documentation support and advisory assistance, but we do not influence, assure, or guarantee claim acceptance, claim amount, or settlement timelines.

Broker Role Clarification (IRDAI Mandatory)

RiskBirbal Insurance Brokers Pvt. Ltd. acts as an insurance broker and advisor. Our role includes:

Understanding insurance requirements

Assisting with product selection

Preparing & submitting insurer RFQs

Helping you compare insurer proposals

Supporting documentation and servicing

Assisting with claims coordination

However, the final authority on underwriting, pricing, policy issuance, and claim decisions rests exclusively with the insurer.

Data & Communication Consent

By submitting your details, you authorise RiskBirbal to contact you for insurance advisory, proposal discussions, servicing updates, and claim-related communication through phone, email, or WhatsApp. Your data is handled in accordance with our Privacy Policy.

No Liability for Third-Party Information: RiskBirbal does not assume liability for errors arising from third-party insurer documents, policy wordings, industry sources, or regulatory changes. All users are advised to cross-check information directly with insurers.

No Guarantee of Continuity: Products, features, premiums, insurer participation, add-ons, and regulatory norms may change without prior notice. RiskBirbal will update information as required but does not guarantee real-time reflection of insurer updates.

Intellectual Property Notice: All content, design elements, frameworks, advisory models, and process flows presented on this page form part of the RiskBirbal ecosystem and may not be reproduced, modified, or distributed without written permission.