Marine Cargo Insurance

Objectives

Provide coverage for goods/objects of coverage during the process of transporting goods by land, sea and air carried out in the context of export activities, both direct and indirect exports and export support activities so that you as a business actor will feel safe in conducting business activities.

Insured Criteria

Business entities include individuals who have an export justification.

Destination Country Criteria

All countries except those included in the sanction country category and/or countries that receive special attention.

Risks Covered

Risks to objects transported by sea, land and air are borne by the Insurer based on Marine Cargo Insurance.

Coverage Period

Maximum 12 (twelve) months. Coverage is effective according to the coverage period stated in the policy.

Currency

Rupiah or foreign currency approved by Indonesia Eximbank.

Fees/Costs

• Issuance
• Policy
• Duty Stamp
   

Document Requirements

Insurance Coverage Request Letter containing information including:

• Insured Data;
• Information on the Object of Coverage;
• Other information.