Wherever your global trading operations may take you, don’t stress.

Marine Insurance

Life is easier when you conduct your business uninterrupted, thanks to Co-op Marine Insurance Cover

Talk to us about our Marine Insurance Cover today!

• Who is eligible?

  • Importers
  • Exporters

• Cover options

  • Our Marine Insurance Cover is an all risk cover.
  • An all risk policy is an all-inclusive insurance cover that only excludes risks that are specifically stated in the contract.

• What do I need to do In the event of claim?

  • Notify us immediately and provide information regarding the loss (you can do this at any Co-op Bank branch countrywide or at the Co-op Bank Insurance Department at the Head Office)
  • We will manage the claims process on your behalf and liaise with the insurer
  • The insurer will appoint a risk surveyor to assess and quantify the loss
  • You will receive a settlement offer
  • The claim will be settled on acceptance of the offer

• Which claim documents do I need?

  • Copy of marine certificate
  • Original bill of lading
  • Copy of invoice
  • Claim form

• What are the benefits?

  • All risk coverage
  • Extended coverage – automatic warehouse-to-warehouse protection
  • Easy application process
  • Efficient claim processing
  • Instant marine certificate generation