Non-life insurance — compare policies

Annual premium: Per-shipment, not annual. Rs 10,00,000 sum insured at ~0.5 per thousand (0.05%) market transit rate = Rs 500 representative. (annual_premium_npr field shows an indicative figure for an assumed Rs ~1 crore turnover/multiple transits; single

Covers goods in transit by land, sea or air, domestically and internationally (warehouse to warehouse).

Plan details

• Warehouse-to-warehouse transit cover
• Natural disaster and weather damage
• Accidents at sea / in transit
• Fire damage
• Theft and pilferage
• Partial and total loss

Cargo-in-transit cover for goods moved by sea, air, rail or road, for imports and exports, on Institute Cargo Clauses basis.

Transit cover for goods moving by sea, air or land and hull cover for vessels, using Institute Cargo Clauses (A/B/C) per the marine tariff.

Plan details

• Cargo transit by sea, air, road and rail
• Institute Cargo Clauses A (All Risks), B and C cover options
• Loss/damage from fire, sinking, collision, overturning, derailment
• Theft, pilferage and non-delivery (under ICC-A)
• War and strikes (SRCC) clauses as extension
• Hull cover for vessels

Covers loss of or damage to goods in transit by sea, air, rail or road between origin and destination, under Institute Cargo Clauses.

Covers goods and cargo in transit by sea, air and land, plus marine hull and marine-cum-erection risks; sum insured based on invoice/CIF value of consignment.

Plan details

• Cargo / goods-in-transit by sea, air and road
• Coverage under Institute Cargo Clauses A, B or C
• Marine hull cover for vessels
• Marine-cum-erection for imported plant during transit and erection
• Total loss, general average and salvage charges
• Transit from supplier warehouse to destination warehouse

Marine cargo / transit cover for import, export and inland goods movement by sea, air, rail and road for landlocked Nepal trade. Rated per NIA marine tariff on consignment value.

Plan details

• Loss or damage to goods in transit (sea, air, rail, road)
• Fire, theft and accidental damage during transit
• Cover for loading/unloading at docks
• Import/export across multiple borders
• ICC A/B/C clause options

Annual premium: Cargo premium rated as a percentage of consignment value by route, commodity and ICC clause; typically a fraction of 1% per shipment

Covers loss or damage to cargo and goods in transit by sea, inland waterway, road, rail or air between origin and destination. Uses Institute Cargo Clauses (ICC) and Inland Transit Clauses (ITC).

Plan details

• Marine cargo cover (import/export) under Institute Cargo Clauses A/B/C
• Inland transit cover (ITC) by road/rail
• Loss or damage during loading, transit and unloading
• Multi-modal transit (sea, air, road, rail, inland waterway)
• Single transit or open/annual policy options

Marine policy (code MRN, first issued 1996) covering loss or damage to cargo and goods in transit by land, rail, sea and air between origin and final destination.

Plan details

• Loss or damage to cargo in transit (land/rail/sea/air)
• ICC (A)/(B)/(C) institute cargo clauses cover options
• Covers import, export and inland transit consignments
• Single transit or open/annual declaration policy
• Protects transporters and ship/goods owners
• War and strikes (SRCC) cover available as extension

Covers cargo in marine, inland and air transit (ICC, ITC, ICC Air) against transit perils until safe arrival; in force since 2062 BS.

Plan details

• Cover for sea, inland (ITC) and air cargo (ICC Air) transit
• Accident, stranding, grounding, sinking, burning, collision
• Heavy weather, sea/river water entry, improper stowage by carrier
• Theft, pilferage and non-delivery
• Natural perils in transit

Marine cargo and transit cover for goods moving by sea, air, rail or road including inland and overseas transit.

Plan details

• Marine cargo - inland transit (rail/road)
• Overseas import/export transit by sea
• Air transit cover
• Loss/damage by accident, fire or water
• Theft, pilferage and non-delivery; improper stowage by carrier

Covers imports/exports and inland transit of goods from origin warehouse to final destination; cover scope governed by Institute Cargo Clauses attached.

Plan details

• Import and export cargo shipment cover
• Inland (within-Nepal) dispatch cover
• Origin warehouse to final destination transit
• Claims recovery against carriers
• Cover scope per Institute Cargo Clauses A/B/C

Annual premium: Per-shipment cargo cover on Rs 10,00,000 sum insured; Institute Cargo Clauses; indicative rate ~Rs 1.5 per 1,000. Actual rate varies by route/commodity/ICC clause.

Marine cargo and hull/machinery cover for goods in transit and vessels, under Institute Cargo Clauses (A)/(B)/(C).

Plan details

• Marine cargo cover for import/export and inland transit goods
• Coverage under Institute Cargo Clauses ICC (A), (B) and (C)
• Hull and Machinery cover for vessels
• Covers loss/damage in transit by sea, air and land
• Single-transit and open/annual cover options

Covers loss or damage to ships (hull), cargo and goods in transit by sea, air or land during import/export and domestic carriage. Available on basic-cover or all-risk (Institute Cargo Clauses) basis.

Plan details

• Cargo / goods in transit during import and export
• Hull and machinery of ships/vessels
• Loss or damage from perils of the sea, fire, stranding, collision
• Theft, pilferage and non-delivery (under all-risk cover)
• Inland transit (road/rail/air) within Nepal
• General average and salvage charges

Annual premium: Rate depends on terms of cover (Basic Cover vs All Risk Cover under ICC A/B/C), commodity, packing, route and conveyance — tariff/risk-based, not a fixed amount. War & SRCC (import/export) and SRCC (inland transit) available for additional premium.

Marine cargo and hull cover offered as Open Cover (12-month framework for many shipments), Open Policy (12-month policy with large declared sum insured on reducing-balance), or Specific Policy (single voyage). Covers hull, cargo, freight, general average and P&I liability.

Plan details

• Cargo cover under ICC A, ICC B and ICC C clauses
• Hull and marine casualty cover
• Freight and general average coverage
• P&I (Protection and Indemnity) liability cover
• Open Cover / Open Policy / Specific Policy structures
• Onshore/offshore property (terminals, ports, pipelines)