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Marine Transit Insurance

The most basic coverage option provided by PM Relocations is Marine Transit Insurance. As the name implies, this moving insurance will cover any damages during the movement. For example, marine transit insurance coverage is accessible if your things are damaged during transportation.

Keep in mind that marine transit insurance will not protect you if your things are damaged during or after shipment. For example, if products are damaged while packed, loaded, or unloaded, you will not be paid, even with valid transit insurance.

The marine transit insurance policy protects home objects from the risks of damage to products caused by fire, earthquake, explosion fire, collisions, accidents, and robbery. However, you may only file a claim for coverage if the damage occurs during shipment.

Obtaining Marine Transit insurance is now simple. You may get it from PM Relocations. We are collaborating with Future Generali, Relo, and Pac Global Insurance companies to offer our clients an insurance facility to cover the damages and losses of the shipment.

If PMR purchases transit insurance on your behalf, ensure you obtain the actual insurance certificate and bills from us.

Note: The insurance validity period is 30 days from the effective date of insurance.

Marine Carriers Insurance
  • Transportation of cargo, whether by road, rail, ocean, or air.
  • It can cover household goods, transit of automobiles, office goods, fine arts and medical equipments Etc.
  • Comprehensive transit insurance at all points.
    • Why Should You Insure Your Household Goods?

    Whether you are moving across the street or around the world, your home belongings will be in danger of loss or damage. Many risks are inevitable or uncontrollable, regardless of how careful your professional mover is. Your household items may come into touch with several transportation enterprises, each of which has either limited liability for harm or is immune from claims. Commercial shippers that are sophisticated realize this peril and, as a result, often safeguard their interests by acquiring cargo insurance.

    Purpose of Marine Transit Insurance

    This insurance facility is designed to offer you risk coverage for your products when they are ready to ship for domestic and international movement. Even though every care and emphasis will be devoted to packing, loading, and transferring your items, as well as storage and warehousing, there is a danger that your products will damage. As a result, the corporation is obligate to compensate the utilities that have an impact.

    Options Available for Marine Transit Insurance with PMR

    For Domestic Insurance:

    1. Future Generali – Covers inland transit insurance within India through air, ocean, road and railway.

    For International Insurance:

    1. Relo Insurance – Coverage for marine transit insurance across the world through air, ocean, and road.
    2. Pac Global Insurance – Coverage for all most major countries in the world through ai, ocean, and road.
    List of Items:
    • In Domestic – Should not take the laptop and hard disk in Non-commercial moves.
    • In Commercial –
    • International –
    General Insurable Items
    • Furniture
    • Household Goods
    • Kitchen Appliances
    • Commercial Goods (Machinery)
    • Office Assets
    • Fine Arts
    • Machinery
    • Health Care Devices & Equipment’s
    • Automobiles
      • Non- Insurable Items
      • Liquors
      • Beverages
      • Laptop/Hard Disk in case of Non-commercial moves
      Some Factors That Play a Part in the Insurance Premium Charges
      • The nature of items
      • The age of items
      • The real value of items
      • The distance to be traveled
      • Claim history, if any
      Some Factors That Play a Part in the Insurance Premium Charges
      • The nature of items
      • The age of items
      • The real value of items
      • The distance to be traveled
      • Claim history, if any
      Essential Points to Keep in Mind
      • Inquire about your moving insurance and what things are covered or not.
      • Make it clear if insurance applies solely to the goods they will pack or also to the stuff you will pack.
      • Inquire with the movers about how they will assess the worth of damaged things.
      • Inquire with the movers about the costs they will charge for insurance on your relocation.
      • Carefully read the contract to see if your movers provide transit or all-inclusive insurance.
      • If you want to get all-inclusive insurance, ensure that the moving business is licensed, registered, and reliable.
      • If your packers and movers purchase transit insurance on your behalf, make sure to obtain the insurance certificate and original bills from the insurer.
      Documents Required for Insurance:-
      • Household Goods Shipment Insurance:
        1. Packing List
        2. IVF (Inventory Value Form)
        3. LR (Lorry Receipt)
      • Vehicle Shipment Insurance:
        1. Original RC
        2. Valid Motor Vehicle Insurance
        3. PUC (Pollution Under Control)
        4. IVF (Insurance Value Form)
        5. Vehicle Condition Report
        6. Vehicle Origin Photographs
        7. LR (Lorry Receipt)
        8. Vehicle Model
      3. Office Assets & Commercial Goods Shipment Insurance
      • If goods are shipped through courier then requires:
        1. DC (Delivery Challan)
        2. IVF (Insurance Value Form)
        3. List of employees and admin consent is required
      • If goods are shipped through non-courier, then requires:
        1. Packing List
        2. IVF (Insurance Value Form)
        3. LR(Lorry Receipt)
        4. DC (Delivery Challan)
      • If goods are shipped through non-courier, then requires:
        1. Packing List
        2. IVF (Insurance Value Form)
        3. LR(Lorry Receipt)
        4. DC (Delivery Challan)
      4. Fine Arts Shipment Insurance
        1. Client Name
        2. Destination / Origin
        3. Require Ensured Value / Consignment Declared Value
      5. By Air Shipment Insurance
        1. Airway Bill
        2. Inventory List
        3. Weight Certificate
      5. By Air Shipment Insurance
        1. Airway Bill
        2. Inventory List
        3. Weight Certificate
      6. By Ocean/Ship Shipment Insurance
        1. Bill of Lading (BL)
        2. Inventory List
        3. Weight Certificate
      7. Ministry of External Affairs (MEA) Shipment Insurance
        1. Inventory List
        2. Values
      Claims

      Claims are subject to damages and losses of goods during the shipping process. That client needs to claim damaged goods and belongings within 24 hours once the shipment is delivered.

      Documents Required for Submitting a Transit Insurance Claim

      Depending on the circumstances, the insurance company (insurer) may request the following papers from you.

      • Claim Form by Client Hand
      • Repair Estimate
      • Original Invoice
      • Bill of lading
      • Packing list (inventory)
      • Transportation specification
      • Claim bill
      What are the different kinds of transit insurance policies?

      Transit insurance coverage is classified into the following categories based on your individual needs:

      • Cargo insurance: This coverage covers only the cargo on the vehicle.
      • Time policy: This form of transportation insurance provides coverage for a certain length of time.
      • Valued policy: This sort of insurance policy protects things with a predetermined monetary value. In a mishap, claims are reimbursed up to the set sum specified when purchasing the insurance.
      • Hull Insurance: This is insurance against a ship's hull loss. It protects the vessel's torso and hull.
      • Liability insurance: In this situation, insurance compensation is calculated based on the total liability insured.
      • Mixed Policy: This form of policy combines time and journey policies.
      • Unvalued Policy: This type of policy estimates the precise insurance amount by surveying and assessing the actual damage. Following the accident, the exact claimable amount is determined.
      • Port risk policy: This form of coverage covers the risk when the ship is docked at a port.
      • Floating policy: This sort of coverage covers many shipments. For covering several shipments, a predetermined amount is decided.
      • Fleet policy: A single insurance covers several ships or vehicles the same person owns.
      • Street policy: This form of insurance coverage protects the goods door-to-door, even if the conveyance comprises a combination of land and sea at either end.
      • Single Vessel Coverage: This policy covers only one vessel or vehicle.
      • Named Policy: Ships are protected under their names in this transit insurance policy. The policy mentions the name of the ship.
      • Blanket policy: The protection amount is pre-paid when the insurance is purchased. During the claims settlement, the sum is changed.
      • Composite policy: A single insurance policy has many owners under this policy, and each owner is assigned a set sum.
      Protection Coverage and Insurance Terms
      Marine Transit Insurance:

      The most basic coverage option provided by PM Relocations is Marine Transit Insurance. As the name implies, this moving insurance will cover any damages during the movement. For example, is marine transit insurance coverage accessible if your things are ruined during transportation.

      Keep in mind that marine transit insurance will not protect you if your things are damaged during or after shipment. For example, if products are damaged while packed, loaded, or unloaded, you will not be paid, even with valid transit insurance.

      The marine transit insurance policy protects home objects from the risks of damage to products caused by fire, earthquake, explosion fire, collisions, accidents, and robbery. However, you may only file a claim for coverage if the damage occurs during shipment.

      Obtaining Marine Transit insurance is now simple. You may get it from PM Relocations. We are collaborated with Future Generali, Relo and Pac Global Insurance companies to offer our clients an insurance facility to cover the damages and losses of the shipment.

      If PMR purchases transit insurance on your behalf makes sure you obtain the actual insurance certificate and bills from us. The insurance validity period is 30 days from the effective date of insurance.

      Marine Carriers Insurance
      • Transportation of cargo, whether by road, rail, ocean, and air.
      • It can cover stock, livestock, equipment, refrigerated produce, Etc.
      • It covers truck owner-operator against loss or damage to goods in transit in India.
      • Comprehensive insurance at all point.
        • Why Should You Insure Your Household Goods?

        Whether you are moving across the street or around the world, your home belongings will be in danger of loss or damage. Many risks are inevitable or uncontrollable, regardless of how careful your professional mover is. Your household items may come into touch with several transportation enterprises, each of which has either limited liability for harm or is immune from claims. Commercial shippers that are sophisticated realize this peril and, as a result, often safeguard their interests by acquiring cargo insurance.

        Purpose of Marine Transit Insurance

        This insurance facility is designed to offer you risk coverage for your products when they are ready to ship for domestic and international movement. Even though every care and emphasis will be devoted to packing, loading, and transferring your items, as well as storage and warehousing, there is a danger that your products will damage. As a result, the corporation is obligate to compensate the utilities that have an impact.

        Options Available for Marine Transit Insurance with PMR
        • For Domestic Insurance:
          1. A. Future Generali – It covers inland transit insurance within India.
        • For International Insurance:
          1. A. Relo Insurance –
          2. B. Pac Global Insurance – Worldwide Coverage
        List of Items:
        • In Domestic – Laptop and hard disk should be not taken in Non-commercial moves.
        • In Commercial – acceptable
        • International – attached
        General Insurable Items:
        • Furniture
        • Electrical Equipment
        • Hous3hold Goods
        • Kitchen Appliances
        • Office Goods
        • Office Assets
        • Fine Arts
        • Machinery
        • Vehicles
        Some Factors That Play a Part in the Insurance Premium Charges
        • The nature of items
        • The age of items
        • The real value of items
        • The distance to be traveled
        • Claim history, if any
        Important Points to Keep in Mind
        • Inquire about your moving insurance that what things are covered or not.
        • Make it clear if insurance applies solely to the goods they will pack or also to the stuff you will pack.
        • Inquire with the movers about how they will assess the worth of damaged things.
        • Inquire with the movers about the costs they will charge for insurance on your relocation.
        • Carefully read the contract to see if your movers provide transit insurance or all-inclusive insurance.
        • If you want to get all-inclusive insurance, be certain that the moving business is licensed, registered, and reliable.
        • If your packers and movers purchase transit insurance on your behalf, make sure to obtain the insurance certificate and original bills from the insurer.
        • Carefully read the insurance policy's terms and conditions.
        Documents Required for Doing Insurance:

        1. Household Goods Shipment Insurance

        • Packing List
        • IVF (Inventory Value Form)
        • LR (Lorry Receipt)
        2. Vehicle Shipment Insurance
        • Original RC
        • Valid Motor Vehicle Insurance
        • PUC (Pollution Under Control)
        • IVF (Insurance Value Form)
        • Vehicle Condition Report
        • Vehicle Origin Photographs
        • LR (Lorry Receipt)
        • Vehicle Model
        3. Office Assets & Commercial Goods Shipment Insurance

          A. If goods are shipped through courier then requires:

        • DC (Delivery Challan)
        • IVF (Insurance Value Form)
        • List of employees and admin consent is required

          B. If goods are shipped through non-courier then requires:

        • Packing List
        • IVF (Insurance Value Form)
        • LR(Lorry Receipt)
        • DC (Delivery Challan)
        4. Fine Arts Shipment Insurance
      • Client Name
      • Destination / Origin
      • Require Ensured Value / Consignment Declared Value
        • 5. By Air Shipment Insurance
      • Airway Bill
        • 6. By Ocean/Ship Shipment Insurance
      • Bill of Lading (BL)
        • 7. Ministry of External Affairs (MRA) Shipment Insurance
      • Bill of Lading (BL)
        • Claims

        Claims are subject to damages and losses of goods during shipping process. That client needs to be claim for damage goods and belongings within 24 hours once the shipment is delivered.

        Documents Required for Submitting a Transit Insurance Claim

        Depending on the circumstances, the insurance company (insurer) may request the following papers from you.

        • Claim Form by Client Hand
        • Repair Estimate
        • Original Invoice
        • Bill of lading
        • Packing list (inventory)
        • Transportation specification
        • Claim bill
        What are the different kinds of transit insurance policies?

        • Transit insurance coverage is classified into the following categories based on your individual needs:
        • Cargo insurance: This coverage covers only the cargo on the vehicle.
        • Time policy: This form of transportation insurance provides coverage for a certain length of time.
        • Valued policy: This sort of insurance policy protects things with a predetermined monetary value. In a mishap, claims are reimbursed up to the set sum specified when purchasing the insurance.
        • Hull Insurance: This is insurance against a ship's hull loss. It protects the vessel's torso and hull.
        • Liability insurance: In this situation, insurance compensation is calculated based on the total liability insured.
        • Liability insurance: In this situation, insurance compensation is calculated based on the total liability insured.
        • Unvalued Policy: This type of policy estimates the precise insurance amount by surveying and assessing the actual damage. Following the accident, the exact claimable amount is determined.
        • Port risk policy: This form of coverage covers the risk when the ship is docked at a port.
        • Floating policy: This sort of coverage covers many shipments. To cover several shipments, a predetermined amount is decided.
        • Fleet policy: A single insurance covers several ships or vehicles the same person owns.
        • Block policy: This form of insurance coverage protects the goods door-to-door, even if the conveyance comprises a combination of land and sea at either end.
        • Single Vessel Coverage: This policy covers only one vessel or vehicle.
        • Named Policy: Ships are protected under their names in this transit insurance policy. The policy mentions the name of the ship.
        • Blanket policy: The protection amount is pre-paid when the insurance is purchased. During the claims settlement, the sum is changed.
        • Composite policy: A single insurance policy has many owners under this policy, and each owner is assigned a set sum.