Français

/

The Marine Insurance Department in the Islamic Insurance Company is offering the following Insurance Services .

 

• Marine Cargo Insurance :

 

This Insurance is to Cover all consignment  transported from or to applicants warehouses to warehouses all over the world by Sea , Air , or by Truck against the risks of sinking , or ingress of water in the vessel during bad weather conditions or due to Fire or theft of the Consignment including other perils which might affect the Insured consignment .

 

 

There are varsities of Marine Cargo Insurance as follows: -

 

1- Single / Individual Marine Insurance : -

Under this Insurance , Coverage is given to single Shipment (Consignment)  from a specific point of origin to the final destination all Transport Risks as per Institute Cargo Clauses of London .

 

Marine Insurance

 

2 - Open Cover / Annual Marine Insurance for Several Shipments :-

Under this Insurance , Coverage is given to single Shipment (Consignment)  from a specific point of origin to the final destination all Transport Risks as per Institute Cargo Clauses of London .

 

 

Scope of Cover :

It is the set of conditions on which the Insurance Policy is Issued as per the institute Cargo Clauses ( I C C ) of London .

 

-   I I C ( A ) : Covering partial or total losses affecting the Insured consignment as a result of Fire , Explosion , Stranding , Capsizing , Collision of ship , Disharge  of cargo at port of refuge , Earthquakes , General average sacrifice , Entry of sea , lake or river water, Jettison , Currying away by sea , Theft , Damage due to condensation or heat , leakase , Breaking , or Particular average .

 

-  I I C ( B ) : Covering partial or total losses effecting the Insured Comignment as a result of Fire , Explosion , Stranding , Wreck , Capsiging  , Collision of Ship , Collision of ship at port of  refuge , Earthquake , General average sacrifice , Entry of sea , lake , or river water , Jettison , or Carrying away by Sea .

 

-  I I C  ( C ) : Covering partial or total losses affecting the insured consignment as a result of Fire , Explosion , Stranding , Wreck , Capsizing , Collision of Ship , Jettison , General average sacrifice , Discharge of cargo at port of refuge .

 

The Coverage of War , Strikes , Riots , and Civil Commotions can be added to the above Insurances as per InstituteCargoClaus

 

 

  Aviation Insurance :


With al Mighty God Blessings and the solid relationships The Islamic Insurance Company enjoy with leading Reinsurers , an aviation Insurance Coverage is offered as follows : -

 

-  Aircraft Hull and Machinery .

-  Liabilities towards passengers and their luggage .

-  Third Party liability .

-  Aircraft Cargo liability .

-  Aircraft Spare parts and Machinery.

-  Aviation Crew Personal accident .

-  Deductible Insurance .

 

•  Marin Hull Insurance :

 

Marine Hull Insurance to the Insured resale whist the ship is sailing , Cargo Carrying and towing activities as a result of the following perils :-

 

-   Perils of the sea , river , or lakes

-   Fire or Explosion .

-   Piracy .

-   Jettison .

-   Collision of ship .

-   Earthquake , Volcanic Eruption , or lightening .

-   Collision during loading and unloading of the goods .

-   Boiler explosion .

-   Negligence of  Maintenance Team or vessel renter .

-   Fidelity of the Captain or ship crew .

-   Collision with aircraft or articles dropped there from .

 

 

2015 All Rights Reserved