Reasons To Have Marine Insurance PH
                     REASONS TO HAVE MARINE INSURANCE PH
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REASONS TO HAVE MARINE INSURANCE PH
• If you are a business person in the Philippines, one of insurance 
policies that you should consider purchasing is marine insurance. 
This insurance policy includes goods to be shipped not only via 
sea, but also by air, land, rail or other conveyance, including 
international, domestic or inland transit, warehouse coverage, 
just to mention a few.  A marine insurance PH will ensure a safe 
as well secure transportation of goods by different modes.
REASONS TO HAVE MARINE INSURANCE PH
• There are various reasons why you need to purchase 
marine insurance every time you get into an import and 
export affair.  The first one is that this insurance will cover 
high costs following a loss. The cost of losses that you may 
incur from physical damage of goods in case of an accident 
during transit can run into a huge sum of money. The little 
money that you will spend on marine cargo insurance will 
protect your business from these costs.
REASONS TO HAVE MARINE INSURANCE PH
• Another reason to have marine insurance PH is that it is often a commercial 
requirement. This insurance can help you by covering the loss or damage or 
ships, terminals, cargo as well as any transport by sea arising from different 
types of perils. This insurance can cover loss from natural calamities such as 
cyclone, tsunami or earthquake,  loss due to theft, fire or explosion, piracy, 
sinking or stranding ships, collision, overturning ore derailment  of a land 
conveyance, and total loss of any package while loading or unloading from a 
vessel or craft. Marine insurance PH can also cover the loss resulting from 
expenses such as survey fees, reconditioning costs and forwarding costs.  
REASONS TO HAVE MARINE INSURANCE PH
• If you have any goods or sales that are financed by a bank 
or loan, need proof of marine cargo insurance. Failure to 
insure your goods can place unnecessary strain on 
commercial relationships. 
REASONS TO HAVE MARINE INSURANCE PH
• For more information on the benefits of marine insurance 
PH,  visit our website at https://ichoose.ph/home