Marine Insurance for Customs Brokers

Customs brokers sit at the centre of every shipment — filing bills of entry and shipping bills for textiles from Tirupur, engineering goods from Ludhiana, minerals from Rajasthan and Gujarat, chemicals from Gujarat, and machinery from Pune, among dozens of other commodities. Clients routinely ask their broker "is my cargo insured?" — and the honest answer, for a large share of Indian exporters, is either no or only against total loss.

A customs broker in Mundra was filing shipping bills for a client's stone and mineral consignment when the buyer rejected part of the load on arrival for moisture damage. The client had no marine cover beyond a basic freight-inclusive assumption, and the loss became a dispute the broker got pulled into, even though insurance was never their responsibility to arrange.

CargoCover partners directly with customs brokerage firms to offer their clients a proper Marine Open Cover policy — 110% CIF, ICC A, War and SRCC — as an added service at the point of filing, with the broker simply making an introduction. We handle the entire policy structuring, declarations, and claims process, so the broker's client relationship is strengthened, not exposed.

• A ready insurance partner to refer clients to, across any commodity or destination
• 110% CIF Open Marine Policy with ICC A, War and SRCC built in
• Coverage for common export categories — textiles, minerals, chemicals, machinery, engineering goods, auto parts
• Faster, cleaner claims support that keeps your client relationship intact
• No cost or liability to the broker — purely a referral partnership
• Pan-India support across Mundra, Nhava Sheva (JNPT), Kandla, Chennai, Tuticorin and other filing locations

Most exporters filing through a customs broker still have no proper marine cover, and brokers are often the first to hear about a rejected or damaged shipment. Referring clients to a dedicated marine insurance partner protects the relationship and adds a genuine value-add service at zero cost to the broker.

1. Share your customs broker 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 customs broker clients actually need 
4. Pre-sailing declarations and dedicated claims support, handled directly with your team