Cargo & Marine Insurance Services

We give you safe, full coverage for Marine Cargo Insurance that aims to keep your items safe from start to end. With Gxpress, you don't just send things, you send them knowing they are safe and with ease in your thoughts.

What is Marine and Cargo Insurance?

Marine cargo insurance keeps your goods safe from harm or loss when they are moving by sea, air, train, or road. It makes sure you get paid back if your shipment faces issues like bad weather, natural disasters, accidents, misplacements, thefts, bad handling, etc.

What are the Types of Marine Insurance?

There are three main sorts of marine insurance:

1. Hull Insurance

Keeps the ship or boat safe from harm.

2. Cargo Insurance

In case the goods on the ship face any damage, you'll be compensated for it.

3. Liability Insurance

Deals with what the ship owner or user might have to pay for third-party damages or injuries.

4. Freight Insurance

You are entitled to coverage if your cargo is damaged during freight.

5. Voyage Policy

Applies to a specific shipment trip, from beginning to end.

6. Time Policy

Applicable for a specific shipping vessel, for a certain period of time, e.g., a year.

Need for Ocean Marine Freight Insurance

Sea trips cost less for a lot of cargo, but they carry risks. These risks are:

Bad weather
Water harm from leaking containers
Ship accidents or tipping over
Stealing and robbery
Delays and mix-ups at ports

Without the right insurance, even one bad event can mean big loss. That's why Gxpress pushes for full ocean freight insurance for all moves.

Choosing The Best Ocean Freight Forwarder For You

When picking a freight forwarder, check insurance first. Gxpress shines by mixing:

Deep know-how of world shipping
Clear and tailored insurance choices
Quick handling of claims and strong support for customers
Smooth mix of insurance with your shipping needs

Our aim is not just to shift your goods, but also to protect them during transit.

Why Pick Gxpress Cargo & Marine Insurance

When you ship with Gxpress, adding insurance is easy. Our shipping pros help you see risks and walk you through the insurance steps, letting you focus on your main job, your work.

Cargo Protection

If your goods get damaged during ocean freight, your insurance will cover any losses through Ocean marine freight insurance and Air freight insurance.

Worldwide Reach

Our insurance protects your goods all over, no matter if they move across countries by air, land, or sea.

All Risks Covered

We bring you plans that keep your goods safe from loss, harm, theft, and other issues during your move.

A Dedicated Account Manager Just for You

Making sure your supply chain operations run smoothly, and your clients and customers are satisfied.

Quick Claim Help

If you need to claim, our team helps fast, so your work keeps going smoothly.

Low Costs

Get the best safety for good prices, cutting down your risks.

Amazon Fulfillment Service

Quality control from one of the most trustworthy e-commerce brands.

What We Cover

We have partnered with Bajaj Allianz, one of the most prestigious non-banking financial companies in India, to provide you with the best Marine Cargo Insurance policies. Through our partnership, we assure you of utmost security for your shipments. This partnership ensures compensation for you in case of:

Loss or harm from natural disasters
Fire, or any such accidents
Theft or pilferage
Mistakes while loading or unloading
Chances of breakage or dirt

How to File for Marine Insurance

1. Tell the Insurer Right Away

Let your insurance company or Gxpress team know quickly if you find any damage or loss.

2. Get a Survey Done

They will send someone to check how bad the damage is and give a report.

3. Give Needed Papers

Connect with your dedicated account manager for all key papers like the insurance policy, invoice, bill of lading, packing list, and the survey report.

4. Check & Confirm

The insurance company will look over your claim, check the papers, and may check into it more.

5. Settle the Claim

If they agree, they will pay out the claim based on what the policy says.

Marine Insurance Claim Documents

When your goods get lost or damaged while moving, filing for marine insurance is the first step to getting your money back. Whether it's moving goods inside the country, bringing them in, or sending them out, the type of transit: inland, import, or export—sets the papers you need.

1. Inland Transit

Original Insurance Policy or Certificate
Copy of Consignment Note or Lorry Receipt (LR)
Claim Form duly filled and signed
Original Invoice and Packing List

2. Import Transit

Original Marine Insurance Policy or Certificate
Bill of Lading or Air Waybill
Commercial Invoice and Packing List
Import License (if applicable)
Customs Clearance Documents

3. Export Transit

Original Insurance Certificate or Policy
Commercial Invoice and Packing List
Shipping Bill or Export Declaration
Bill of Lading or Air Waybill

A Quick Overview of CIF in Shipping

CIF (Cost, Insurance, and Freight) is a term used in world trade. It means the seller pays for the goods, insurance, and sea shipping costs to get to the port where it needs to go. This term is commonly used for ocean freight shipping.

With CIF, insurance is part of the deal. CIF value is calculated by adding all three (Cost, Insurance, and Freight) together.

Frequently Asked Questions (FAQs)

Q1. What is meant by cargo insurance?

Cargo insurance helps cover goods during transit against problems like damage, theft, fire, or loss. It keeps the shipper or owner's money safe.

Q2. How many types of cargo insurance are there?

There are a few common ones like marine, air, and land insurance.

Q3. What is not covered in cargo insurance?

It usually doesn't cover normal wear and tear, bad packing, delays, or natural flaws in goods.

Q4. Will my cargo be safe with Gxpress?

Yes, Gxpress makes sure your shipments are cared for and has insurance to cover unexpected problems.

Q5. How does Gxpress protect my cargo?

We use safe handling, good tracking, and solid cargo insurance to keep shipments safe from start to end.

Q6. How do cargo claims work?

If items are lost or broken, you send a claim (with bills and damage reports). The insurer checks and then pays as the policy says.

Q7. How to claim cargo insurance?

Get in touch with Gxpress with your shipment info, value proof, and proof of loss or damage. Our crew will help you file the claim.

Q8. Who is responsible for cargo insurance?

Who needs to get it depends on the shipping deal (Incoterms). It can be either the buyer or the seller, but Gxpress helps sort out coverage to make things clear and easy.

Q9. What is a cargo insurance certificate?

It's a paper that shows your items are insured while being moved. It tells what's covered, the terms, and how much is insured.

Q10. How do you calculate cargo insurance?

The cost is often a percentage of the goods' bill value plus shipping costs, sometimes with a bit more (like 10%).

Cargo & Marine Insurance Services | Gxpress