Finance Cargo Insurance provides indemnity against losses to goods being imported either by sea, land or air.
The cover can be arranged on a Single Shipment or as an Open cover for all shipments, in any one –year. It can also be arranged to cover either total losses or partial losses. (i.e. Institute Cargo Clause A and C). The premium rate will depend on the type of goods in question and the volume of importation in any one year.Exclusions
The exclusions associated to this class of insurance are expressly contained in Institute cargo clauses (ICC).

The exclusions are contained under sections 4–7 of ICC (i.e. institute cargo clauses).
Loss, damage expense attributable to willful misconduct of the Assured.    Ordinary leakage, ordinary loss in weight or volume or ordinary wear and tear of the subject matter insured.
 Loss, damage or expense caused by inherent vice or nature of the subject matter insured.
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In a global economy, multinational companies need to protect their goods in transit to stay competitive and protect their supply chain. Whether you ship by land, sea or air, our cargo insurance coverage provides solid protection from the moment your goods leave the warehouse until they arrive at their destination.
We understand the issues that impact your business, including just-in-time delivery, supply chain complexities and business interruption exposures. And we tailor our terms and conditions to suit specific transportation or protection needs—including exhibitions, sales samples and marine business interruption. 
You can purchase cargo insurance coverage—and the optional business interruption endorsement, Finance Cargo Insurance element select — with an existing all-risk policy to close any potential coverage gaps.
We provide 110% against all risk and pay compensation provided the supplier or buyer pays for the V.I.P Global Refundable Insurance Protection Service.