Marine Cargo
Sharjah Insurance—UAE’s first established insurer, trusted since 1970 for reliable and comprehensive coverage.
Best Marine Cargo Insurance In UAE – Sharjah Insurance
Personal Accident Insurance is a specialized insurance policy designed to provide financial protection in the event of accidental injuries, disability, or death. In the fast-paced environment of the UAE, accidents can happen unexpectedly—whether at home, on the road, or at work. This insurance ensures that you and your loved ones are financially secure, covering medical expenses, loss of income, and other unforeseen costs resulting from accidents.
Who should consider Personal Accident Insurance? Anyone living or working in the UAE—individuals, families, and corporate employees—can benefit from this essential protection. It’s especially important for those with active lifestyles, frequent travelers, or people working in high-risk professions.
The first Established Insurer in UAE
Established In 1970
Paid-Up Capital Of Over AED 137.5m
Listed on Abu Dhabi Securities Exchange
Offices in Sharjah and Dubai
47 years Experience
What is Marine Cargo Insurance?
SICO provides insurance coverage for wide range of commodities/goods shipped from all around the world by sea/air and land. The customer can choice according to his size of business the following type of policies:
Type of Insurance Coverage
By Sea freight
Institute Cargo Clause ‘A’ which covers all risks excluding some specified exclusions.
Institute Cargo Clause ‘B’ , Covers the same as the perils mentioned in clause ‘C’ but with an extra coverage of perils such as Volcanic, earthquake, Leakage of sea water to the shipped goods & total loss of any entire package during loading and discharge from the carrying vessel.
Institute Cargo Clauses “C”, This type of insurance covers the major marine risks attribute to: fire, explosion, collision, grounding, general average etc. Total loss cover.
Marine cargo war and strikes insurance cover as per Institute War and Strikes Clauses “Cargo” 1.1.82.
By Airfreight
All risks insurance cover as per Institute Cargo Clauses “Air” dated 1.1.82 applicable to almost all type of commodities.
Total loss cover.
Air Cargo war and strikes insurance cover as per Institute War and Strikes Clauses “Air”.
By Land Transportation
All risks land insurance cover as per All Risks Land Transit Clause which applicable to almost all type of commodities.
Land Transit Clause, this type of insurance covers the major land transportation risks attributable to: fire, explosion, overturning, collision, breakdown of bridges etc.
Inland cargo war and strikes insurance cover as per Arab War Risk Insurance Syndicate war and strikes and civil commotion inland transport.
Coverage Details
What’s Covered
- Accidental death
- Permanent total disability
- Permanent partial disability
- Temporary total disability
- Medical expenses due to accidents
- Hospital cash allowance
- Emergency ambulance charges
Optional Add-Ons
- Hospitalization daily cash
- Family member coverage
- Education benefit for children
- Repatriation expenses
Exclusions
- Self-inflicted injuries or suicide
- Injuries under the influence of alcohol or drugs
- Participation in hazardous sports (unless specifically covered)
- Pre-existing disabilities or conditions
Documents Required
- Completed claim form
- Medical reports and bills
- Police/accident report (if applicable)
- Proof of identity and policy documents
Type of Policies
Marine Cargo Open Policy:
All UAE residents, including expatriates, are eligible.
Age Limits:
Typically from 18 to 65 years (children can be included in family plans).
Corporate Groups
Special packages available for businesses and employee groups.
No Medical Tests
Most plans do not require a pre-policy medical check-up.
Type of Policies
Marine Cargo Open Policy:
The insurance period under this policy is normally for 12 months where terms and conditions are fixed during its period.The advantage of this policy that it provides automatic insurance cover for all goods fallen within its scope of cover but subject to Declaration of shipments to insurers either on case by case, monthly or quarterly basis. This type of policies normally offered to customers/traders who have big size of business.
Marine Cargo Voyage Policy:
This type of policy suites customers who need marine cargo insurance for few times per year only and the assured should advise the insurers of any consignment prior to shipment and also policy terms and conditions and premium rate to be agreed by insurers prior to shipment.
Insuring your future today. We’re here to help.
Protect yourself and your loved ones from life’s uncertainties.
Claims Process
Simple, Hassle-Free Claims:
Notify Us
Submit Documents
Assessment
Payout
TESTIMONIALS
What Our
Customers Says
Honestly, the best insurance I deal with, I have been with them for 7 years.
It’s a good companies where we get a good experience .even the staffs are also have good communication and well manner I have visited once but it’s remarkable and had good experience withe the staffs.
Frequently Asked Question
Can we add drivers and passengers accident cover?
Yes, optional add-ons such as personal accident benefit for drivers and passengers can be added at an extra premium.
Does this cover damage to my own vehicles?
No, TPL covers only third-party bodily injury and property damage. To cover your vehicles, you must opt for comprehensive fleet coverage.
Is TPL compulsory?
Yes, it is mandatory under UAE law.
Does this cover my own car?
No, only third-party damages are covered.
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