Insurance Products
Marine Insurance
Protect your cargo, imports, and exports with comprehensive transit insurance from origin to destination.
Sanima GIC Marine Insurance covers all risks of loss or damage to your cargo — by sea or by inland rail/road transit within Nepal — from the moment goods leave the origin warehouse until delivery at their destination. Strikes/riots/terrorism and theft/pilferage are available as paid extensions.
Coverage
What is covered?
Cargo ShipmentInternational cargo by sea, all risks of loss or damage except named exclusions.
Inland DispatchesDomestic goods movement across Nepal by rail or road.
Claims Against CarriersDuty to preserve and pursue your rights against carriers for a covered loss.
Warehouse to WarehouseEnd-to-end transit coverage.
Water DamageSeawater or flood damage during transit.
Fire & ExplosionGoods lost due to fire on vessel or vehicle.
Theft & PilferageAvailable as a paid extension — not automatically included.
General AverageShared liability in maritime emergencies.
Categories
Coverage Categories
Import & Export InsuranceCovers international cargo shipments by sea, air, or road. Protects from the origin warehouse to final destination against all transit risks.
Inland Transit InsuranceCovers goods in transit within Nepal — from supplier to warehouse, factory to distributor, or any domestic point-to-point movement.
Modes
How your goods move
By SeaImports and exports under Institute Cargo Clauses A.
By AirGoods in transit by air.
By RoadDomestic dispatches.
By RailRailway consignments.
Included
What you get
- All risks of physical loss or damage — sea, air, road and rail
- General average and salvage contributions (sea cargo)
- Both-to-blame collision liability and forwarding charges after interrupted transit (sea cargo)
- Reasonable costs you incur to minimise a loss, reimbursed
- Theft and pilferage — available as a paid extension
At Delivery
Your duties when goods arrive
- 1Missing packages? Claim immediately.
- 2Doubtful condition? Never sign a clean receipt.
- 3Container? Check seals before accepting.
- 4Hidden damage? Written notice within 3 days.
- 5Carrier deadlines — 6 months rail/road; 7/14 days air.
Optional
Extend your cover
SRCCStrikes, Riots & Civil Commotions — paid extension.
Theft & PilferageTheft & Pilferage extension — paid extension, not included in the base cover.
Coverage Details
What's protected, and what isn't
- All risks during ordinary transit
- Loss at loading and unloading
- General average, salvage and both-to-blame
- Forwarding charges after interrupted transit
- Costs of minimising the loss
Before You Buy
Good to know
- Cover ends at your warehouse — or 60 days after sea discharge, 7 days after inland arrival, if earlier
- Storage after delivery is not covered — that's Property Insurance
- Piracy is covered at sea; war is not
- Your duty: minimise the loss and preserve rights against carriers — reasonable costs are reimbursed
- Sea cargo wording follows English law and practice; policy conditions follow Nepalese law and the Insurance Act, 2079
Claims
Claim in 4 steps
- 1Tell usimmediately, with the landing account or consignment note.
- 2Protect the goodspreserve carrier rights; note exceptions on delivery.
- 3We surveysurveyor assesses; carrier claim pursued.
- 4You're paidper your policy terms.
Questions
Frequently asked questions
Not automatically; theft and pilferage can be added as a paid extension.
Your warehouse, or 60 days sea / 7 days inland, whichever first.
Claim against the carrier within 6 months of booking.
Shared rescue costs; your contribution is covered.
Full terms, limits and rate tables live here — not on this page.
Ready when you are
Estimate your premium in under a minute, or talk it through with our team.
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