Cargo coverage options
Markel can offer line sizes up to $50m on Company paper or $30m on Lloyd’s paper. We write business on a primary and excess basis (coverage varies). Policy coverage is generally on an all risks of physical loss or damage basis with wordings tailored to specific requirements.
Key areas of coverage include:
- Ocean cargo
- Cargo stock-throughput
- Delay in start-up (DSU) written in conjunction with cargo
- Excess stock
- Crude oil and refined products
- Project cargo
- Machinery
- Manufactured goods
Excess basis only:
- Vehicles
- Wines and spirits
- Foodstuffs
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