In today’s interconnected world, the movement of goods across oceans is the lifeline of global trade. Whether you’re importing electronics, exporting machinery, or transporting raw materials, the risks are real—from rough seas to accidental damage or piracy. That’s why Al Sadeq Insurance offers robust Marine Cargo Insurance solutions tailored for businesses engaged in international and domestic shipping.

Our policy ensures that your cargo is protected throughout its journey—by sea, air, or land—giving you the confidence to expand, trade, and deliver without disruption.

What’s Covered:

• Loss or Damage to Cargo: Full or partial loss, physical damage, or contamination to goods in transit.
• Perils of the Sea: Coverage against storms, sinking, collision, jettison, and other maritime risks.
• Loading and Unloading Risks: Protection during handling at ports, warehouses, and transfer points.
• Theft & Piracy: Compensation for goods stolen or seized during transit (optional extensions available).
• General Average Contributions: We cover your share of loss when sacrifices are made for the common safety of the vessel and cargo.
• Delay & Additional Expenses: Optional add-ons to cover storage, rerouting, or perishable goods handling.

Types of Coverage:

• Single Shipment Policy: Ideal for one-time import/export activities.
• Open Cargo Policy: Tailored for companies with frequent or ongoing shipments throughout the year.
• All-Risks Coverage: Maximum protection against all insurable causes of loss or damage, unless specifically excluded.

Who Should Consider Marine Cargo Insurance?

• Importers and exporters
• Freight forwarders and logistics companies
• Manufacturers and distributors
• Oil & gas, construction, and industrial sectors
• Government entities and aid organizations

Why Al Sadeq Insurance?

• Local Expertise, Global Reach: We understand the nuances of international shipping and Iraqi regulations.
• Customizable Policies: Designed around your cargo type, route, and risk tolerance.
• Transparent Claims Handling: Fast, fair, and supported by expert marine surveyors.
• Trusted Partnerships: Aligned with top reinsurance companies for added peace of mind.