Supply Chain Risk Cover

Coverages: Legal Expenses | Marine

Marine Bind’s Supply Chain Risk Cover product provides a unique fusion of cargo, storage, delay, consequential loss, legal liability and legal expense coverage. This cover extends across the policyholders’ supply chains – from supplier through to customers – locally and internationally. Designed for all types of businesses but particularly with importers in mind. Companies are increasingly reliant on extended supply chains and are exposed to a wide range of diverse risk exposures that can impact their financial well-being. This policy delivers coverage not otherwise found on standard cargo policies.

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Line of Business

Transportation Insurance

Min Coverage

AUD 2K /year

Max Coverage

AUD 10M

Excess

AUD 500

Location Served

All States

Contract required

No

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Product Documents

Supplemental form Brochure

Webpage Supply Chain Risk Cover

Coverage

Legal Expenses
Marine

Target Class

Businesses buying / selling / distributing goods worldwide
SME and Middle Market businesses who require certainty and continuity of coverage throughout their supply chains.
Companies that cannot easily access cover for storage of goods or their liability for transporting their goods
Businesses wishing to insure their lost profit margins when goods are lost or damaged
Manufacturers, wholesalers, retailers, distributors and primary industry producers

Description

Transport and Cargo

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