What makes Delta marine insurance products unique?
Delta Insurance has been able to offer unique marine insurance solutions to help its clients anticipate, defend against, and cope with these risks in today's world of many logistical changes. Delta has designed tailor-made solutions for each customer that follow the standard international transport insurance clauses, published by the Institute of London Underwriters' Cargo Terms, based on the following:
Clause (A): covers partial or total losses and damages to insured goods as a result of fire or explosion, stranding, overturning, collision, emergency unloading of goods in the port of refuge, earthquakes, general loss expenses, water leakage into the holds, dumping Goods at sea, the drift of goods at sea, theft, damage due to evaporation or heat, leakage, breakage, roughness.
Clause (B): covers losses and partial damages to the insured goods as a result of fire or explosion, stranding, overturning, collision, emergency unloading of goods in the port of refuge, earthquakes, general loss expenses, water leakage into the holds, dumping of goods in Sea, the drift of goods in the sea.
Clause (C): covers losses or damages to the insured goods resulting from fire or explosion, stranding, capsizing, or collision of the ship, throwing the goods into the sea, general loss expenses, emergency unloading of the goods in the port of refuge.