Al Dhafra Insurance provides insurance coverage for wide range of commodities/goods shipped from all around the world by sea/air and land. The customer can choice according to his size of business the following type of policices :
1) Type Of Policies
a) Marine Cargo Open Policy : The insurance period under this policy is normally for 12 months where terms and conditions are fixed during its period. The advantage of this policy that it provides automatic insurance cover for all thae material fallen within its scope of cover subject to certain subjectives. Declarattion of shipments to insurers either on case by case, monthly or quaterly basis. This type of policies normally offered to customers/traders who have big size of business.
b) Marine Cargo Voyage Policy : This type of policy suites customers who need marine cargo insurance for few times per year only and the assured should advise the insureres of any consignment prior to shipment and also policy terms and conditions and premium rate to be agreed by insurers prior to shipment.
2) Type Of Insurance Coverage
a) By Seafreight
All risks marine insurance cover as per relevant Clauses.Restricted marine risks coverage as per Institue Cargo Clauses “C” dated 1.1.82. This type of insurance covers the major marine risks attribute to : fire, explosion, collision, grounding, general average etc. Total loss cover.Marine cargo war and strikes insurance cover as per Institute War and Strikes Clauses “Cargo” 1.1.82.
b) By Airfreight
All risks insurance cover as per Institute Cargo Clauses “Air” dated 1.1.82 applicable to almost all type of commodities.Total loss cover.Air Cargo war and strikes insurance cover as per Institute War and Strikes Clauses “Air Cargo” 1.1.82
c) By Land Transportationt
All risks inland insurance cover as per All Risks Lans Transit Clause which applicable to almost all type of commodities.Restricted coverage as per Land Transit Clause, this type of insurance covers the major inland transportation risks attributable to : fire, explosion, overturning, collision, breakdown of bridges etc.Total loss cover.Inland cargo war and strikes insurance cover as per Arab War Risk Insurance Syndicate war and strikes and civil commotion inland transport.
