Corporate Risk Advisory

Marine Insurance for Businesses

Protect your cargo, consignments, and trade contracts with clarity.

Transit-related losses—whether caused by accidents, theft, damage, non-delivery, or logistical failures—can disrupt supply chains and impact cash flow. A structured marine insurance plan protects not just the physical goods but your trade contracts, letter of credit compliance, and financial stability.

Advisory Expertise

Transparent, structured assessment of cargo values, transit routes, and risk exposure.

Accurate Multi-Insurer Quotes

RBIQ prepares compliant RFQs for faster insurer responses.

Claims Support & Servicing

Dedicated guidance during claims with audit-friendly documentation.

Get Marine Insurance options for your Cargo
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 Marine Insurance Matters for Your Business

Transit-related events—whether caused by accidents, theft, handling damage, non-delivery, or logistical failures—can disrupt supply chains and impact cash flow. Even a single incident can damage key consignments, breach contractual obligations, cause letter of credit defaults, and disrupt trade operations. Marine Insurance creates a financial safety barrier that keeps your trade stable during such events.

RISK 01
Supply Chain Disruption
Damage or loss of cargo during transit can stop production lines, delay deliveries, and disrupt customer commitments.
RISK 02
Cargo Damage & Loss
Goods, raw materials, finished products, and consignments are vulnerable to accidents, theft, mishandling, and natural perils during transit.
RISK 03
Contractual Compliance & LC Requirements
Banks, enterprise clients, and trade partners often mandate Marine Insurance before letter of credit issuance or contract finalization.
RISK 04
Financial Loss & Cash Flow Impact
Cargo replacement, penalty clauses, and lost revenue can create major financial strain without proper insurance.

Benefits

Protect Trade Assets

Safeguards goods, cargo, and consignments against transit risks and logistical perils.

Ensure Trade Continuity

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

Strengthen Trade Compliance

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

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 Marine Insurance?

Marine Insurance is a commercial insurance policy designed to protect your goods, cargo, and consignments during transit—by sea, air, road, or rail—against losses caused by accidents, theft, damage, non-delivery, and other specified perils. It ensures your trade operations do not suffer major financial setbacks due to unexpected transit incidents.

Primary Protection

Covers physical loss or damage to insured cargo during transit.

Multi-Modal Coverage

Protects goods across sea, air, road, and rail transport, including warehouse-to-warehouse transit.

Trade Contract Protection

Provides financial protection that helps maintain trade commitments and letter of credit compliance.

Customisable Add-Ons

Additional optional covers can extend protection depending on trade needs (explained later in Add-On Covers section).

What It Does Not Do (Boundary Clarity)

  • Marine Insurance does not cover every scenario; it applies only to specified perils listed in the policy.
  • It does not automatically include delay in transit unless added as a specific extension.
  • It does not replace poor packing or inherent vice-related losses unless explicitly permitted under the policy wording.

In One Line

Marine Insurance protects trade assets against financial losses caused by transit risks and logistical perils.

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 Marine Insurance

Businesses often assume Marine 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 trade remains protected throughout the policy lifecycle.

1

Incorrect Cargo Valuation (Underinsurance)

Many businesses declare values based on invoice price without considering freight, insurance, and other costs. During a claim, this leads to proportionate deductions.

2

Packing & Documentation Gaps

Insufficient packing standards and missing shipping documents can affect coverage validity during claims.

3

Missing Transit Documentation

Bill of lading, airway bills, packing lists, and survey reports are often unavailable when needed, resulting in delays or disputes.

4

Non-Compliance with Policy Conditions

Policies contain mandatory conditions related to packing, marking, timely notification, and survey requirements. Non-compliance can weaken claim positions.

How RiskBirbal Prevents These Issues

Structured Valuation & Data Validation

We verify sums insured using CIF values, commercial cargo categories, and insurer-recognised formats.

Transit Route Assessment

Our team validates transit routes, packing standards, and logistical details to ensure underwriting alignment.

Documentation Framework

We provide a pre-loss documentation checklist and store all critical shipping records within our CRM for insurer-ready submissions.

Condition Compliance Guidance

We identify all policy conditions and advise on the operational steps required to comply with them proactively.

RiskBirbal Signature Approach

Our hybrid "Tech + Human" model ensures:

RBIQ Data Consistency

RBIQ checks data consistency before sending RFQs.

Underwriting Intelligence

Internal underwriting intelligence flags potential problem areas.

Claims Framework

Claims framework ensures correct documentation is captured early.

Preventive Advisory

Preventive advisory 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 Marine Insurance Cover?

Marine Insurance provides financial protection to your business by covering damage to insured cargo arising during transit. While exact coverage varies by insurer and policy wording, most commercial Marine Insurance policies follow a structured framework that protects goods across multiple transport modes and against specific transit risks.

Marine Insurance Coverage Illustration

Coverage Structures

Sea Transit Risks

Protects cargo against perils of the sea including sinking, stranding, collision, heavy weather, and seawater damage.

Air Transit Risks

Covers cargo against aircraft crash, disappearance, emergency landing, and handling damage during air transport.

Road & Rail Transit Risks

Provides protection for goods against accidents, overturning, derailment, collision, and theft during land transit.

Warehouse-to-Warehouse

Includes temporary storage, loading/unloading, and transshipment periods between origin and destination warehouses.

Theft & Pilferage

Protects against theft, non-delivery, and mysterious disappearance of cargo during transit.

General Average & Salvage

Covers contribution to general average, salvage charges, and sue and labour expenses to minimize loss.

Extended Protection (Add-Ons)

  • Transit by post/courier
  • Delay in transit coverage
  • Rejection and return risks
  • Surveyor and agent fees
  • Increased value coverage
  • Processing risks
  • Automatic increase clause

Boundary Clarity

Coverage applies only to perils listed in the policy.

Delay in transit is not automatically included unless added as an extension.

Some perils (e.g., war, strikes) may require explicit inclusion.

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.
Marine Insurance Exclusions Illustration

What Marine Insurance Does Not Cover (Important Exclusions)

Marine 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 trade follows the right logistical practices.

Willful Negligence or Intentional Acts

Losses caused deliberately or due to intentional misconduct are not covered.

War, Civil War, or Nuclear Risks

Any damage arising from war, civil commotion, nuclear reactions, or confiscation is excluded unless specifically covered.

Gradual Deterioration & Inherent Vice

Damage due to natural ageing, inherent defect, or poor quality of goods is not covered.

Improper Packing & Preparation

Losses arising from insufficient or defective packing are excluded unless packing standards are met.

Delay in Transit (Unless Specified)

Financial loss due to delay in delivery is excluded unless delay coverage is specifically purchased.

Unauthorized Route Deviations

If cargo follows routes not declared or approved in the policy, claims may be affected.

Grey Areas (Common Dispute Zones)

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

1

Underinsurance on CIF Value

If declared cargo values exclude freight and insurance costs, insurers apply proportionate deductions during claims.

2

Non-Compliance with Packing Standards

Failure to follow packing specifications, marking requirements, or container standards can impact claim validity.

3

Unreported Route Changes

Any change in transit routes, carriers, or modes must be declared. Otherwise, claims may be questioned.

4

Incomplete Shipping Documentation

Lack of bills of lading, survey reports, or proof of delivery can lead to claim delays or partial settlements.

RiskBirbal Advisory Value

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

Proper shipping documentation is captured early

Packing standards are explained clearly

Data inconsistencies are flagged via RBIQ

Route assessments reduce underwriting surprises

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

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

Marine Insurance Add-Ons Illustration

Trade Continuity Add-Ons

Delay in Transit Coverage

Covers financial loss arising from delay in delivery of cargo due to specified perils. Helps maintain cash flow and contractual compliance.

Increased Value Coverage

Covers appreciation in value of goods during transit—particularly relevant for commodities and seasonal goods.

Special Risk & Political Add-Ons

War & Strike Risks

Provides coverage against war, civil war, strikes, riots, and civil commotion during transit.

Rejection & Return Risks

Protects against costs incurred when cargo is rejected by customs or buyers at destination port.

Confiscation & Nationalization

Provides protection against confiscation, nationalization, or requisition by government authorities.

Operational & Process-Related Add-Ons

Automatic Increase Clause

Allows a percentage increase in the sum insured to account for fluctuating cargo values during the policy term.

Surveyor & Agent Fees

Covers professional fees incurred during damage assessment, survey, and claim settlement.

Sue & Labour Expenses

Covers expenses reasonably incurred to minimize or avert loss to insured cargo.

Transshipment & Storage

Extends coverage during transshipment and temporary storage at intermediate locations.

Special Cargo Add-Ons

Transit by Post/Courier

Extends coverage to goods sent via postal or courier services.

Open Policy/Floater Cover

Provides a single policy for multiple shipments over a period, with declarations made periodically.

Stock Throughput Coverage

Covers goods from point of origin through all stages of processing until final delivery.

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

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

If your trade involves time-sensitive deliveries → Delay in Transit is essential.

If your cargo values fluctuate frequently → Automatic Increase Clause helps.

If you ship through high-risk regions → War & Strike cover becomes critical.

If you handle perishable or seasonal goods → Increased Value coverage is important.

If you ship via multiple modes and routes → Transshipment cover ensures better protection.

RiskBirbal Advisory Value

  • Trade Type
  • Transit Routes
  • Cargo Patterns
  • Geographic Risk
  • Past Claims
  • Regulatory Requirements
  • Contractual Obligations

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.
Who Needs Marine Insurance

Who Should Consider Marine Insurance?

Marine Insurance is essential for any organisation that imports, exports, manufactures, trades, or transports goods. Whether you ship by sea, air, road, or rail, Marine Insurance protects your business against financial loss caused by transit risks and logistical failures.

Business Categories That Require Marine Insurance

01

Importers & Exporters

Any business involved in international trade requires protection due to higher transit exposure across borders.

02

Manufacturers & Traders

Businesses shipping raw materials, components, or finished goods are highly vulnerable to transit-related losses.

03

Logistics & Shipping Companies

Companies responsible for cargo movement benefit from comprehensive transit protection for client goods.

04

Commodity Traders

Traders dealing in bulk commodities like grains, metals, or chemicals require specialized transit coverage.

05

E-commerce & Retail Chains

Businesses with extensive supply chains and inventory movement face higher transit risks.

06

Small Businesses & SMEs

Any business relying on goods movement benefits from financial protection against transit risks.

Operational Triggers Where Marine Insurance Is Critical

  • If you import or export goods internationally
  • If your business relies on timely delivery of raw materials or components
  • If you have contractual obligations for delivery timelines
  • If letters of credit or trade finance require Marine Insurance
  • If your business cannot afford supply chain disruptions

Special Scenarios Where Marine Insurance Becomes Mandatory

  • Letter of Credit requirements
  • International trade contracts
  • MNC vendor registration processes
  • Freight forwarder agreements
  • Customs and regulatory compliance

RiskBirbal Advisory Value

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

Trade Type
Transit Routes
Cargo Value
Transit Frequency
Compliance Requirements
Contractual Obligations
Supply chain dependencies

The RBIQ engine uses these inputs to highlight whether Marine 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:

1
Proceed to the Marine Product Variant Selection Page
2
Choose your coverage structure (Open Policy, Specific Policy, etc.)
3
Fill in necessary details for accurate quotations
4
Receive structured proposals from multiple insurers
5
Compare coverage, exclusions, add-ons, and pricing
6
Finalise the best-fit option with advisory support

How Marine Insurance Works With RiskBirbal

Buying Marine Insurance for your business 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.

1

Share Basic Details

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

2

Proceed to the Marine Product Variant Selection Page

You will move to the next page where you can choose the appropriate policy structure (Open Policy, Specific Policy, or other variants).

3

RBIQ Prepares a Structured RFQ

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

4

Insurers Review and Respond

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

5

Expert Comparison & Advisory

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

6

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, shipping documents, and compliance records are securely maintained.

Types of Marine Insurance in India

Explore the different marine insurance policies available in India, designed to protect trade across sizes and industries.

Marine Cargo Insurance

This policy covers physical loss or damage to goods during transit by sea, air, road, or rail, including loading/unloading and temporary storage.

Coverage Type Goods in Transit

Open Policy (Floater)

This policy provides continuous coverage for multiple shipments over a period, with declarations made periodically based on actual shipments.

Coverage Type Multiple Shipments

Specific Voyage Policy

This policy covers a single shipment or consignment from origin to destination, tailored for irregular or high-value shipments.

Coverage Type Single Shipment

Stock Throughput Insurance

A comprehensive policy covering goods from point of origin through all stages of processing, storage, and transportation until final delivery.

Coverage Type End-to-End Supply Chain

Our Insurance Partners

Download Policy Wordings

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(Cargo)

ICICI Lombard Logo

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TATA AIG Logo

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HDFC ERGO Logo

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Wordings

New India Assurance Logo

Claims Support & Claim Readiness With RiskBirbal

A transit incident impacts not only cargo but also trade contracts, letter of credit compliance, 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

1

Secure Cargo & Contain Loss

Take immediate steps to prevent further damage and secure the cargo where safely possible.

2

Notify RiskBirbal Claims Desk

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

3

Inform the Insurer Immediately

Prompt notification is critical to avoid delays or disputes, especially for transit claims.

4

Preserve Evidence & Documentation

Do not dispose of damaged goods or disturb the scene until the surveyor arrives unless legally required.

Documents Typically Required

  • Policy copy
  • Invoice copies for damaged cargo
  • Bill of Lading/Airway Bill
  • Packing list and weight certificates
  • Survey report from independent surveyor
  • Photographs/videos of damage
  • Freight documents and customs papers
  • Carrier's liability denial (if applicable)

How RiskBirbal Supports You During Claims

Structured Documentation

Our CRM-backed claims workflow ensures all shipping 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, packing conditions, and transit clauses to help avoid documentation gaps.

Progress Tracking

You receive consistent updates on documentation, insurer queries, and next steps.

Dispute Avoidance

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

Common Claim Challenges & Prevention

Underinsurance deductions

Early valuation guidance and correct CIF calculation.

Packing standards not met

Advisory on packing specifications and documentation.

Missing Shipping Documentation

Document checklists + CRM storage + periodic reminders.

Route deviation issues

Correct route declaration during the buying stage.

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.

Marine Insurance – Frequently Asked Questions (FAQs)

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

All Questions
Coverage
Claims
Pricing
Documents
1

What does Marine Insurance cover?

Marine Insurance typically covers physical loss or damage to goods during transit by sea, air, road, or rail against specified perils. Final coverage varies by insurer and policy wording.

2

Is delay in transit included in Marine Insurance?

No. Delay in transit cover is not included by default. It must be purchased as an add-on to cover financial loss due to delivery delays.

3

What are the most common exclusions in Marine Insurance?

Standard exclusions include improper packing, inherent vice, delay (unless covered), war risks (unless added), intentional damage, and gradual deterioration. Refer to policy wording for exact exclusions.

4

How do insurers determine the claim amount?

Claim payout depends on actual loss, sum insured, policy conditions, underinsurance clauses, and documentation submitted. The insurer is the final authority on claim decisions.

5

What documents are required during a marine claim?

Invoices, bill of lading, packing list, survey report, photographs, freight documents, and policy documents are typically required. Specific requirements vary by insurer.

6

Can Marine Insurance be customised for my trade?

Yes. Marine Insurance can be tailored through add-ons like Delay in Transit, War Risks, Increased Value, and others. Suitability depends on your cargo, routes, and risk exposure.

7

How often should we update our sum insured?

It is advisable to update cargo values for each shipment or quarterly for open policies. Incorrect valuation may lead to underinsurance penalties during claims.

8

Is Marine Insurance mandatory for importers/exporters?

It is mandatory in certain cases such as letter of credit requirements, trade contracts, or regulatory compliance. For most traders, it is strongly recommended due to high transit risk exposure.

9

How does RiskBirbal help during marine claims?

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

10

How does Marine Insurance premium get calculated?

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

11

What is underinsurance, and how does it affect marine claims?

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

12

Can I cover multiple shipments under one Marine Insurance policy?

Yes, through an Open Policy (Floater) which provides continuous coverage for multiple shipments over a period, with periodic declarations based on actual shipments.

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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

1

Customer Layer

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

2

Internal Operations Layer

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

3

Technology Layer

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

4

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 Marine Insurance Solution

Backed by Advisory + Technology + Claims Expertise

You now have a complete understanding of how Marine Insurance protects your trade, 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 Marine Insurance

Comprehensive Transit Protection

Covers goods, cargo, and consignments across sea, air, road, and rail transport against transit risks.

Trade Contract Security

Supports letter of credit compliance, vendor agreements, and international trade regulations.

Cash Flow Protection

Prevents financial losses from cargo damage, theft, non-delivery, and transit delays.

Why RiskBirbal Makes it Better

Structured, Insurer-Ready RFQs

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

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 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.

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RiskBirbal for Business – Marine Insurance – Customer Reviews

View all 20 reviews
4.1
out of 5
Based on 20 reviews
★★★★★
12
★★★★☆
6
★★★☆☆
2
★★☆☆☆
0
★☆☆☆☆
0
★★★★★ 4.6
Jan 02, 2025

Manoj

Comprehensive cover with great features for our export business.

Bengaluru
★★★★★ 4.6
Jan 02, 2025

Tanay

User friendly website and smooth claims process for cargo damage.

HP
★★★★★ 4.6
Jan 02, 2025

Rohit

Plans are affordable and reliable for our import shipments.

MH
★★★★★ 4.6
Jan 02, 2025

Sunil

Insurance helped recover losses from cargo theft in transit.

Bihar