4 General Exclusions in Marine Export and Import Policy

Companies are capturing global markets to target more consumers in the contemporary world. As a result, the transportation of goods is done via sea and air mostly. However, the security of goods via sea is essential to ensure for the exporter and importer. In order to ascertain security, the companies buy a marine insurance policy. Nonetheless, the companies must learn about the exclusions in marine export and import policy to comprehend the liability of the insurer.

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Marine Export and Import Policy Exclusions

The export and import of trade transpire when one nation has adequate labor and resources to produce a variety of goods and sells to another country. The business of export and import is rewarding for the manufacturer along with the transferors.

However, a business may incur losses during the transfer of goods via sea. Therefore, a company must buy a marine insurance policy upon understanding the marine export and import policy exclusions.

Let us understand the marine export and import policy exclusions.

Leakage in Goods

Liquid goods and products tend to leak while exporting from one country to another. The weight of such goods might decrease due to leakage. In addition, it is common with liquid products as they are at a high risk of outflowing. Hence, insurance companies exclude such incidents.

For example, companies manufacturing soft drinks, export large cargoes on a daily basis via sea route. However, when the drinks reach the destination, the importer generally finds unexpected leakage from some of the packages which results due to weather. These kinds of incidents are common and foreseeable by the insured.

Therefore, no coverage shall be provided for the loss of goods due to leakage. So, the policyholder must check the leakage-related clauses in the insurance documents or contracts while buying the marine insurance policy.


The cargo may reach late at the destination owing to several reasons.

For example, due to rain, the cargo may embark late or may start its journey after the rains. However, due to delays, the policyholder may incur losses. The perishable items may therefore deteriorate. In financial terms, the insured may lose the value of such losses.

Nonetheless, it is common for a cargo to arrive late at the destination. So, the delays are considered marine export and import policy exclusions. Therefore, the insured may not claim any damage under such circumstances.

Improper Packaging

It is essential for the exporter to ensure the proper packaging of the goods. The goods are highly volatile in the sea route. Therefore, the goods may deteriorate owing to improper packaging. It may tear in the cargo if not packaged properly.

Further, perishable goods are vulnerable to damage during the rainy season. These kinds of goods need the proper care from the exporter. Hence, the exporter shall be responsible for the damage to goods due to packaging faults. It is one of the marine export and import policy exclusions.

Willful Misconduct

The insured must show utmost care while exporting the goods from the warehouse. If the insured uses the same method to keep the goods which may damage them, the insurer may comprehend it as the intentional misconduct of the insured.

Despite acknowledging the repercussion of keeping the goods in the same way, the insurer may deny providing any damage. The insured may not obtain any insurance benefits after filing the claims under the marine insurance policy.


One may purchase a marine insurance policy in order to cover losses due to several factors. However, there are some exceptions to these claims. An insured cannot file for damages in every case. Under some circumstances, the insured would have to bear the losses.

Written By: PolicyBazaar - Updated: 01 April 2023
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3.8 April 20, 2023
Great Experience
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Sanjeev Rathor
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