Marine Insurance
Marine Products
Methaq Takaful Insurance Company's Marine Insurance policy is specially designed to covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination.
The platform is designed to provide easy and quick solutions for all your Marine
Cargo Insurance customers. Suited to individual and open policies and adjusted to
Islamic, Conventional Trade Finance and Regular (Non Trade Finance).
Unique Benefits of our Standard products:
- Exhaustive coverage against loss or damage to cargo in connection with its carriage by land, waterways, air or postal services
- Policy extendable to cover War and Strikes perils
- Flexible coverage options (Specific Policy, Open Policy and Open Cover) available for the Insured
- Very competitive rates for both individual and open cover policies
- Customised and Innovative covers based on your needs.
- Covers all modes of transits viz. land, sea, air
Start your Marine insurance
peace of mind
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Offers a customized coverage to meet the needs of importers and exporters to reduce or eliminate the financial risks associated with importing and exporting products
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Offers compensation against loss or damage to Cargo incidental to voyages and inland transits
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Covers export, import by Sea, Air and Inland transit of various commodities during their transit
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Choose a single voyage contract or an 'open policy' contract for regular shipments
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Meets the requirements of your letter of credit
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Fast, efficient processing