Marine Cargo Insurance for Exports to USA | Cargo Cover

Marine Cargo Insurance for Exports to USA | Cargo Cover

The United States is India's largest export destination, with shipments spanning textiles, pharmaceuticals, engineering goods, gems and jewellery, chemicals, auto components, and agro-commodities. Transpacific and transatlantic voyages involve long transit times, multiple transshipments, and exposure to ocean weather risk, making comprehensive marine cargo insurance essential.

Cargo Cover, India's first dedicated marine insurance desk backed by ICICI Lombard, offers specialized marine cargo insurance for Indian exporters shipping to the USA, covering the full transit chain from Indian factory to US destination port or warehouse.

Why USA-Bound Cargo Needs Specialized Cover
Shipments to the US typically take 25 to 40 days at sea, with frequent transshipment at hub ports like Colombo, Singapore, or Jebel Ali, plus handling through congested US terminals. This raises risk of container damage, wetting, pilferage, spoilage, and General Average complications.

Main Ports
Origin: JNPT, Mundra, Kandla, Chennai, Tuticorin, Vizag, Kolkata, Cochin
Destination: Los Angeles, New York, Savannah, Houston, Charleston, Norfolk, Oakland, Seattle, Miami

Main Products Insured
Textiles and apparel, gems and jewellery, pharmaceuticals, engineering goods and auto components, chemicals and industrial minerals, agro-commodities and processed foods, handicrafts, furniture, and natural stone.

Our Specialization
Cover structured for long-haul transpacific and transatlantic voyages, continuous protection through hub-port transshipment, alignment with US buyer and LC insurance requirements, product-specific underwriting, support for FCL, LCL, air freight, and reefer shipments, and assistance with US destination claims coordination.

Clauses and Risks Covered
Institute Cargo Clauses A for all-risk cover including breakage, wetting, theft, and non-delivery. Institute Cargo Clauses B and C for named-peril cover. Institute War Clauses. Institute Strikes Clauses for SRCC. Warehouse-to-Warehouse Clause for continuous cover. General Average and Salvage Charges Clause. Reefer and frozen food clauses for perishables. Duty and Increased Value Clause. Rejection Clause for buyer-rejected cargo. Delay clause for port congestion and customs holds.

Benefits of Working With Us
US-route risk expertise, continuous coverage across multi-leg transit, backing by ICICI Lombard for strong claims capacity, LC and buyer-compliant documentation, CHA and freight forwarder support, INR-based premiums with USD-equivalent policies where required, and fast destination claims support.

Ideal for Indian exporters, manufacturers, CHAs, and freight forwarders shipping to US ports under CIF, CIP, or Letter of Credit terms.

Cargo Cover, protecting India's exports across the Pacific and Atlantic, port to port.