Coverages: Business Interruption | Employers Liability | Product Liability | Public Liability
Specialist cover for physical loss of or damage to goods whilst in transit including imports to and exports from the UK and ‘world to world’ shipments
This cover is available to be purchased by UK-domiciled wholesalers, retailers and manufacturers. It indemnifies the Loss or damage for most commodity types, whether conveyed by sea, air or land.
UK-domiciled wholesalers, retailers and manufacturers
UK and worldwide exhibitions, demonstrations and trade fairs
Additional Coverages include:
Air Freight Replacement Charges
Buyer / Seller Contingency
Fumigation Costs
Physical Loss of or Damage to Goods in Transit
Product Overview
Marine Cargo by Touchstone Underwriting Ltd offers tailored protection for goods moving across the UK and worldwide. This cover is designed for wholesalers, retailers, and manufacturers who need to safeguard their products during transit by sea, air, or land.
The policy covers physical loss or damage to goods, whether they are being imported, exported, or shipped from one country to another. It also extends to goods displayed at exhibitions, demonstrations, and trade fairs, making it suitable for businesses with varied shipping needs.
Marine Cargo by Touchstone Underwriting Ltd includes extra features such as air freight replacement charges, buyer or seller contingency, and fumigation costs. The cover applies to most commodity types and can be adjusted to fit specific business requirements.
There is no excess, and the minimum cover starts at 500. The policy is available only to UK-domiciled businesses and requires a broker contract for access.
Brokers can find more details, download policy documents, or get in touch with Touchstone Underwriting Ltd directly from the product page. For tailored advice or a quote, use the ‘Contact Underwriter for Quote’ option provided on this page.
Marine Cargo by Touchstone Underwriting Ltd FAQs
Which products can be insured under this marine cargo policy?
Marine Cargo by Touchstone Underwriting Ltd covers most commodity types, including goods and merchandise owned by or in the care of the insured. The policy also extends to packaging and containers. This makes it suitable for wholesalers, retailers, and manufacturers who ship a wide range of products by sea, air, or land.
Does Marine Cargo by Touchstone Underwriting Ltd include protection for goods stored during transit?
Yes, this policy provides cover for goods temporarily stored during transit, as long as the storage is part of the shipping journey. The cover applies to goods while waiting to be moved on, subject to time limits outlined in the policy wording. This helps protect shipments from unexpected loss or damage while in storage between transport legs.
Can Marine Cargo by Touchstone Underwriting Ltd be customised for different business needs?
Touchstone Underwriting Ltd’s Marine Cargo product can be tailored to meet different business needs. The policy offers flexible options, with additional features available such as air freight replacement charges, buyer or seller contingency, and fumigation costs. These options help businesses create cover that matches their specific shipping requirements.
Who can apply for Marine Cargo by Touchstone Underwriting Ltd?
The policy is open to UK-domiciled wholesalers, retailers, and manufacturers. Businesses attending exhibitions, demonstrations, or trade fairs are also eligible. Cover for Touchstone Underwriting Ltd ‘s Marine Cargo must be arranged through an insurance broker, ensuring expert guidance for every client.
What risks or losses are not covered by this marine cargo insurance?
Marine Cargo by Touchstone Underwriting Ltd does not cover losses from wilful misconduct, ordinary leakage, or wear and tear. Exclusions also include delay, loss of market, and consequential loss. War and nuclear risks are not covered unless specifically endorsed in the policy wording.
Marine Insurance
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