Marine Insurance for Consolidators

LCL consolidators combine multiple exporters' cargo — garments, handicrafts, mineral samples, auto spares, general merchandise — into a single container, which means a single mishandling incident, fire, or General Average event can affect several unrelated shippers in the same box at once.

A consolidator running weekly LCL groupage out of Chennai had a container involved in a shipboard incident that triggered a General Average declaration. Every shipper in that container — regardless of whether their own cargo was damaged — was required to contribute a General Average bond or guarantee before their goods could be released, and several uninsured shippers had no way to fund it, delaying the entire consolidation.

CargoCover structures Marine Open Cover policies for consolidators' shipper base that include General Average and Salvage Charges cover as standard under ICC A, plus 110% CIF value, War and SRCC — so an individual shipper's General Average contribution is covered by their own policy instead of becoming a cash-flow crisis at release time.

• General Average and Salvage Charges cover built into every policy
• 110% CIF Open Marine Policy with ICC A, War and SRCC as standard
• Cover across mixed LCL cargo types in a single consolidation
• Faster container release when a General Average event occurs
• A referral-ready insurance option to offer every shipper in your groupage
• Support across Chennai, Nhava Sheva (JNPT), Mundra, Tuticorin and Kolkata

General Average applies to every shipper in a container, insured or not — the difference is who can actually afford to pay their share without delay. A named General Average clause is what turns that from a cash emergency into a straightforward policy claim.

1. Share your consolidator client base, commodity mix, and current referral/insurance setup (if any)
2. Free premium benchmarking against current market rates
3. Cover structured with the specific extensions your consolidator clients actually need
4. Pre-sailing declarations and dedicated claims support, handled directly with your team