With winter weather approaching, it is important to consider what would happen in the event of damage or loss to your goods in transit from rough seas, high winds and icy or wet, slippery roads, and how you could protect yourself against any resulting financial impact.

If uninsured cargo is damaged or lost in a no-fault incident such as those caused by bad weather, cargo owners rely on carriers for compensation. However, carriers use their terms and conditions or bill of lading terms to limit their financial responsibility to the cargo owner.

We strongly recommend that you review the insurance cover you have in place for your shipments and consider securing a policy if you do not already have one.

Neptune offer a marine cargo insurance policy to protect your goods whilst in transit from as low as £2.50 per £1,000.00 of cover depending on the commodity and routing.

This covers the cost of any damaged or lost goods along with numerous types of related costs and is cheaper compared to policies many would not be without, for instance house buildings insurance.

Marine insurance includes cover in the event a shipping line declares General Average due to emergencies such as shipboard fires, incidents like the grounding of the Ever Given last year or where jettisoning cargo is required due to peril.

Every cargo owner with goods on board must contribute financially to the overall financial loss of the voyage under General Average, with some incidents taking months or years to be resolved, and upfront cash deposits being required from uninsured cargo owners.

Neptune will only insure your goods under our marine cargo insurance policy when instructed to do so by you in writing.

Our dedicated team are always ready to protect your interests and are available to answer any questions you may have.

If you would like more information regarding the services we are able to offer please visit our website at or email [email protected].