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Marine Cargo Insurance

Peter Lole sources and advises on all elements of Marine Cargo Insurance.

Our dedicated team works closely with clients including importers, exporters, shippers, receivers, sellers and buyers to clearly understand their needs and match their risks to the right protection.

Carriers such as shipping lines and airlines provide only limited liability in the event of loss or damage to goods based on weight related compensation. Peter Lole operates its own unique, 'all risks' marine cargo insurance policy backed by the security of Lloyd's of London or other first class insurers. Accepted by insurance companies, it includes additional clauses to the standard provisions and has been drawn up following many years of experience.

We also work closely with clients to continually review their insurance requirements and in the event of a claim, our team handles the process efficiently and comprehensively to minimise the impact on business operations.

As an extension of Marine Cargo Insurance, Peter Lole also provides Stock Throughput Insurance which provides protection for UK and overseas warehousing and distribution.

It includes cover for raw materials, parts, semi-finished and finished products with the basis of valuation set for each stage of production.

We offer continuous cover under a single policy for all stages of the supply chain including transit, process (but excluding damage caused by the process), storage in the UK or overseas and delivery to the customer.

Typical benefits can include

  • All Risks cover for physical loss and damage to goods for items in transit by sea, air, rail or road
  • Cover provided on a full warehouse to warehouse basis including loading and unloading risks
  • Cover can be extended to include UK domestic transits, exhibitions, warehousing, inter-company transits and returned goods
  • Policies are tailored in accordance with Terms of Sale or Purchase (Incoterms)
  • Contingent liability available for buyers and sellers interests
  • Includes General Average
  • Unique policy wording developed to provide additional covers
To speak with a member of our team and for more information call +44 (0)1628 532 613 or use our online contact form.
Absolutely perfect, Tracey. Thanks for your efforts – I can assure you that this is considerably less expensive than I have been quoted.

Ed Arnott, ASCO Freight Management

Call: +44 (0)1628 532613

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