Marine Insurance Policy Exclusions

Some of the common exclusions of most marine insurance policies are listed as below:

  • Routine wear and tear or ordinary leakage.
  • Incorrect and inadequate packaging of goods being transported.
  • Damage caused due to delay.
  • Damage caused wilfully or intentionally.
  • Damage caused due to civil commotion, strikes, war, riot, etc.
  • Any damage or loss occurring due to bankruptcy or financial default of the owner of the transport vessel.

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