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Marine Insurance

If it matters to you, it matters to us. Cover your property with us!

Marine Insurance

Life is easier when you conduct your business uninterrupted, thanks to Co-op Marine Insurance Cover

Wherever your global trading operations may take you, don’t stress. Talk to us about our Marine Insurance Cover today!

  • Who is eligible?
    • Importers
    • Exporters
  • Cover options
    • Our Marine Insurance Cover is an all risk cover.
    • An all risk policy is an all-inclusive insurance cover that only excludes risks that are specifically stated in the contract.
  • What do I need to do in the event of claim?
    • Notify us immediately and provide information regarding the loss (you can do this at any Co-op Bank branch countrywide or at the Co-op Bank Insurance Department at the Head Office)
    • We will manage the claims process on your behalf and liaise with the insurer
    • The insurer will appoint a risk surveyor to assess and quantify the loss
    • You will receive a settlement offer
    • The claim will be settled on acceptance of the offer
  • Which claim documents do I need?
    • Copy of Marine Certificate
    • Original bill of lading
    • Copy of invoice
    • Claim Form
  • What are the benefits?
    • All risk coverage
    • Extended coverage -Automatic warehouse-to-warehouse protection
    • Easy application process
    • Efficient claim processing
    • Instant marine certificate generation

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