If your business takes you across the seas, you can be exposed to risks from mother nature, misadventure and even piracy.

Such risks can prevent your commercial vessel, cargo or truck from reaching its destination, or cause costly damage during the voyage.

Marine transit insurance refers to a range of insurance products which help protect your business from loss or damage to vessels and cargo. It can cover the door to door delivery of goods worldwide, by sea, road, rail and air – including their storage on the way.

Make a claim▸

Freight forwarders

Importers and exporters

Marina owners

Mining companies

Primary producers

Removalists

Tourism operators

Wholesalers

Who should consider it?

Marine transit insurance is important for businesses involved in shipping or receiving goods, operating watercraft commercially, repairing vessels, running a marina and more.

Marine insurance can provide valuable cover on both land and sea for:

get a quote ▸

➤ in fact

“The total value of principal Australian agricultural commodities (crops, livestock and livestock products) produced in Australia in 2016-17 was $39,671 million.”

Australian Bureau of Statistics, 2018

1,597 million tonnes of cargo is moved across Australian wharves in 2015–16.

(Department of Infrastructure, Regional Development and Cities, Statistical report, Australian sea freight 2015-2016, 2018)

The value of Australia’s exports by sea was $218.9 billion in 2015–16.

(Department of Infrastructure, Regional Development and Cities, Statistical report, Australian sea freight 2015-2016, 2018)

99% of Australian exports use sea transport.

(Department of Infrastructure, Regional Development and Cities, Maritime, 2018)