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.

Learn more about Marine Insurance


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.

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Policybazaar for Business - Marine Insurance - Customer Reviews
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3.8 April 20, 2023
Great Experience
I recently purchased Marine insurance from Policybazaar for my shipping business and I must say I am thoroughly impressed with their service and coverage. From start to finish, the experience has been smooth and hassle-free.Thankyou.
4.3 April 03, 2023
Provides Comprehensive Protection
When it comes to coverage, Marine insurance that i bought from PolicyBazaar has exceeded my expectations. It provides comprehensive protection for my cargo and vessels during transit, ensuring I can focus on my business operations with peace of mind. Thankyou.
4.3 March 17, 2023
Excellent Services
I highly recommend Marine insurance from PolicyBazaar website to anyone in the shipping or logistics industry. Their user-friendly website, comprehensive coverage, and excellent customer service make them stand out from the competition. With Policybazaar, I feel confident in navigating the high seas, knowing that my business is well-protected. Thank you, Policybazaar.
4.3 February 28, 2023
User Friendly Interface
The website's user-friendly interface made it easy to compare different plans and find the perfect fit for my business needs.Thanks
4.3 February 11, 2023
Prompt Services
I appreciate the transparency and honesty with which Policybazaar handled my claims. They were prompt in processing my claim and their claim settlement process was hassle-free.Thanks PolicyBazaar.
3.8 February 10, 2023
Exceeds Expectations
I recently had the pleasure of purchsing marine insurance from Policy bazaar website and I must say it has been an outstnding experience from start to finish. I am thrilled to share my positive customer review, as this truly exceeded my expectations. Thanks PB.
3.8 January 31, 2023
Easy Navigation
The ease of navigating the Policy bazaar website and finding the right marine insurance policy was impressive. The website's user-friendly interface and intuitive design made it incredibly simple to compare various options, understand the coverage details and make an informed decision. I appreciated the transparency provided throughout the process. Thanks.
3.8 January 21, 2023
Excellent Support
The customer service provided by Policy bazaar was decent. Their team was responsive, knowledgeable and went above and beyond to assist me at every step. Their professionalism and commitment to customer satisfaction were truly commendable.Thankyou.
4.3 January 11, 2023
Sanjeev Rathor
Efficient Process
When it came to claims processing, Policy bazaar demonstrated remarkable eficiency and effectivenes. I had an unfortunate incident during the coverage period and filing a claim was a breeze. The entire process was streamlined and their team guided me throuugh every necssary step, making it hassle-free. The promptness with which my claim was setled reflected their commitment to their customers' well-being and peace of mind. Thankyou.
3.8 January 01, 2023
Comprehensive Coverage
I must mention the comprehensive coverage provided by the marine insurance policy I purchasd through Policy bazaar. It offered me the necesary protection and peace of mind. Thankyou PolicyBazaar.