This guide provides all the essential information to help you understand our Marine Insurance plans and secure the coverage that best suits your needs. It also outlines clear steps to guide you through the process of getting started, including the claims process and other important reminders.
Here are quick links to the sections in this guide:
Choosing Our Marine Insurance Plans
Obtaining your Marine Insurance Policy through Reliable Insurance Brokers comes with significant advantages. Our expertise ensures that you get the best possible coverage, backed by our commitment to exceptional service.
- Comprehensive Coverage: Enjoy extensive coverage, including risks associated with fire, explosion, stranding, sinking, collision, and more. We ensure your goods are protected against unforeseen incidents.
- Access to Multiple Insurance Providers: As a trusted broker, we partner with a network of accredited insurance providers to give you the best options available. This allows us to offer you competitive rates and a range of coverage choices suited to your business.
- Tailored Solutions for Your Business: Policies are customized to meet the specific risks associated with your industry, whether in construction, retail, or professional services, ensuring the right level of coverage.
- Ease of Process: We simplify the insurance process, making it easy for you to understand your options and select the best plan. Our experts handle all the paperwork, ensuring a smooth and hassle-free experience.
- Representation and Support: We represent you to the insurers, advocating for your best interests. Our role extends beyond choosing the right coverage; we also manage your policy and provide ongoing support.
- Emergency and Claims Assistance: As our valued client, you receive dedicated assistance during emergencies and claims. Our team is available to help you navigate the claims process and ensure you get the support you need when it matters most.
Our Role as Your Trusted Partner
At Reliable Insurance Brokers, our goal is to make navigating the complexities of Marine Insurance straightforward and stress-free, ensuring your cargo is well-protected from the risks of maritime operations. Whether it's coverage for damage, loss, or liability during cargo transportation, we help safeguard your goods and give you peace of mind knowing your investments are secure.
From the moment you contact us, our team of experts is by your side. We start by understanding the specifics of your cargo transportation needs and any unique risks involved. Based on that, we recommend personalized Marine Insurance options from our network of trusted providers.
Once you choose the coverage that suits you best, we handle all the paperwork and ensure everything is processed smoothly. But our service doesn’t stop there—we’ll also make sure you fully understand your policy and feel confident in your coverage. Our process is designed to be seamless, so you can focus on what matters most, not dealing with insurance complexities.
As your trusted Marine Insurance partner, we provide expert guidance, secure the most suitable coverage options, and offer ongoing support throughout your coverage. With Reliable Insurance Brokers, you can operate confidently, knowing that you’re covered by a team dedicated to protecting what matters most.
Marine Insurance Options
We offer a range of marine insurance options sourced from our network of accredited providers. Whether you're importing goods, exporting products, or transporting items inland, we assist you in navigating these options and customizing a plan that fits your specific needs. Our insurance options include:
Importation Insurance
Covers all risks of loss or damage to goods during their transit from the point of origin to the destination. This includes fire, explosion, stranding, sinking, collision, discharge of cargo at the port of distress, natural calamities, theft, piracy, and malicious damage.
Exportation Insurance
Similar to importation insurance, it covers goods being shipped from the origin to the final destination, protecting against fire, explosion, collision, piracy, and malicious damage.
Inland Transit Insurance
Covers goods during transportation within the country by truck or other land vehicles, including loading and unloading operations. It provides protection from fire, accidental collision, overturning of the vehicle, natural calamities, robbery, and hijacking.
Marine Open Policy
Automatically covers all shipments made by the assured coming within the terms and conditions of the policy. This type of policy ensures continuous coverage for all eligible shipments without needing to issue individual policies for each shipment.
Inclusions and Exclusions
When considering marine insurance, it's essential to understand what is included in your coverage and what is not. We offer marine insurance plans that provide extensive coverage to meet a variety of needs. However, there are also certain exclusions to be aware of. Below we detail the typical inclusions and exclusions in our marine insurance plans to help you make an informed decision.
Inclusions
- Fire or Explosion: Coverage for damage caused by fire or explosion.
- Stranding, Sinking, or Collision: Protection against incidents where the vessel strands, sinks, or collides with another object.
- Theft and Piracy: Coverage for loss due to theft or piracy.
- Malicious Damage: Protection against intentional damage caused by malicious acts.
- Natural Disasters: Coverage for damage caused by earthquakes, volcanic eruptions, and other natural calamities.
Exclusions
- Loss Due to Delay: Excludes coverage for losses resulting from delays in transit.
- Inherent Vice: Excludes coverage for damage due to inherent defects in the goods.
- War and Related Operations: Excludes damage caused by war, invasion, hostilities, or warlike operations.
- Strikes, Riots, and Civil Commotions: Excludes coverage for damage due to strikes, riots, and civil commotions.
- Insolvency of Vessel Operators: Excludes losses arising from the insolvency of the vessel's owners or operators.
- Ordinary Wear and Tear: Excludes coverage for damage due to normal wear and tear of the goods.
- Mechanical and Electrical Derangement: Excludes coverage for mechanical and electrical breakdowns not caused by insured perils.
Extensions
We offer additional coverage options to customize your policy, meeting your specific needs and providing extra protection in various situations, such as:
- Theft
- Piracy
- Malicious damage
- Natural calamities such as earthquakes and volcanic eruptions
Applying for Marine Insurance
Our simple application process makes it easy to request information and quotations for the coverage you need. Simply follow these steps:
- Request a Quote or Consultation: Learn more about the coverage options with the help of our brokers. We will provide you with personalized recommendations and detailed insurance quotations, including coverage, premiums, deductibles, and other relevant details. Below are the ways you can get started:
- Call or message us: Talk to us directly to learn more or ask any questions. Call or message us at (Landline) +63 2 8631 9285-86; (Mobile) +63 917 138 5120; FB Messenger.
- Online Form: Request a quote using our online form for a quick and convenient way to get the information you need: Business Insurance Quote Form
- Book an Appointment: Schedule a consultation or visit with one of our brokers for personalized assistance: Appointment Form
- Complete Your Application: Once you agree with the quotation, complete the provided application form and submit it along with any required documents. Our team will assist you in ensuring all paperwork is correctly filled out and submitted. Then, you will await the approval of your application and the issuance of your insurance policy.
- Receive Your Policy and Ongoing Support: Upon approval, you will receive your insurance policy along with a schedule of premium payments. Our team will guide you in making your payments through various options, such as post-dated checks (PDCs), bank deposits, or G-Cash. Once your policy is active, you can rely on us for ongoing support and assistance with any claims or emergencies.
Complete Guide: For more detailed steps and additional information, refer to our Complete Guide to the Reliable Application Process.
Making a Claim
Our simple claims process ensures you can get the support you need quickly and efficiently when it matters the most. Follow these steps to initiate your claim:
Required Documents:
- Required Claim Form: A fully completed form the insurer requires to initiate and efficiently process your claim.
- Commercial Invoice: Original invoice showing the value of the goods.
- Packing List: Detailed list of items packed in the shipment.
- Bill of Lading or Airway Bill: Original document of carriage.
- Delivery Receipt: Proof of delivery and condition of goods upon receipt.
- Survey Report: If a surveyor is appointed, their report detailing the extent of the damage or loss.
- Police Report: In cases of theft, piracy, or malicious damage.
- Photographs: Visual evidence of the damage or loss.
- Repair Estimates or Invoices: Detailed repair costs if applicable.
- Correspondence: All communication regarding the claim.
Claims Process:
- Report Your Claim: Report your claim by calling or messaging +63 917 175 9028, contacting us via FB Messenger, or using our Online Claim Report.
- Complete Claim Requirements: Gather the necessary documents. Our Policy and Account Manager (PAM) will help you collect and organize everything needed to ensure your claim is completed successfully.
- Submit Required Documents: Submit all required documents to us. We will forward them to the insurance provider for review and approval. Payment or reimbursement will be processed according to your policy terms.
Complete Guide: For more detailed steps and additional information, refer to our Complete Guide to the Reliable Claims Process.
Additional Provisions for Claims Settlement:
To ensure smooth and efficient claims processing, we have outlined specific provisions that need to be adhered to:
- Timely Reporting: Promptly report any incident within the specified timeframe to initiate the claims process without delays.
- Accurate Documentation: Ensure all required documentation is complete, accurate, and submitted promptly for faster processing.
- Comprehensive Reporting: Provide detailed accounts of incidents, supported by police reports, medical records, and photographs as necessary.
- Preservation of Evidence: Retain any damaged goods or supporting evidence until the claim is fully processed and settled.
- Professional Estimates: Secure clear and professional estimates for repair or replacement of damaged items, ensuring all documentation is thorough and detailed.
- Open Communication: Stay in regular contact with your Policy and Account Manager (PAM) to receive updates and guidance throughout the claims process.
- Compliance with Policy Terms: Ensure all claims adhere to the terms, conditions, and coverage limits outlined in your insurance policy.
- Adherence to Legal Requirements: Follow all relevant legal guidelines, including obtaining necessary permits, and certifications, and complying with any regulations tied to the claims process.
By adhering to these provisions, you can help ensure that your claim is processed efficiently and in accordance with your policy.
Key Reminders for Policyholders
To make the most of your Marine Insurance policy and ensure continuous coverage, it's important to keep the following reminders in mind. These tips will help you manage your policy effectively and avoid any unexpected issues:
- Read Your Policy: Make sure to thoroughly read your policy documents to understand the specific claims procedures of your insurance provider and know what's covered.
- Understand Coverage: Coverage is subject to policy terms and conditions, so be familiar with these to avoid surprises.
- Timely Premium Payments: Ensure your premiums are paid on time to avoid lapses in coverage.
- Emergency Contacts: Keep emergency contact numbers and policy details handy for quick access during emergencies.
- Keep Records: Maintain copies of all relevant documents and correspondence related to your policy and trips.
- Stay Updated on Policy Changes: Be aware of any updates or modifications to your policy, as terms and coverage may change over time.
- Claims Deadlines: Always submit claims and required documents within the deadline specified in your policy to avoid delays or denial of coverage.
Marine Insurance Providers
Contact Information for Inquiries and Support
Should you have any questions or require further assistance in applying for marine insurance:
- Call: +63 2 8631 9285 to 86
- Mobile: +63 917 138 5120
- Email: info@reliable-insurance.ph and support@reliable-insurance.ph
- Messenger: m.me/reliable.insurancebrokersph
Selecting the right marine insurance plan is essential for your peace of mind and financial security. Reliable Insurance Brokers offers a variety of plans designed to meet diverse needs, ensuring comprehensive coverage and quality support. For more information or to get started, contact Reliable Insurance Brokers today.
Note
The coverage details provided in this guide are for informational purposes only and are subject to change. Reliable Insurance Brokers advises all clients to request a detailed proposal and thoroughly read and understand their insurance policy. Coverage terms and conditions may be updated or modified by our partner insurance companies, which may supersede the information contained in this guide. Additionally, because our offerings can be custom-fit to your specific needs, the details may vary from what is stated in this article. For the most accurate and up-to-date coverage details, and to understand how different providers might affect your policy, please contact us directly or refer to your policy documentation.