All Risk Marine Insurance:

Usually used when the client wants to protect against individual loss, theft or damage. The advantage is a comprehensive policy which covers your shipment against the following. 

• Stranding
• Sinking
• Burning
• Collision
• Fault of vessel management
• Bursting of boilers
• Latent defects in hull
• Explosion
• Water damage
• Heavy weather
• Ships sweat
• Condensation
• Improper stowage by carrier
• Theft or pilferage
• Non-delivery
• Leakage or breakage

Premium is 4% of Declared Value. $500.00 Deductible for declared values less than $30,000.00  For declared values over $30,000.00 the deductible is $1000.00.