Resolution Marine insurance is a transit risk policy which provides wide coverage for loss caused to cargo while in transit between any two points either by sea, air, rail or road and covers any accidental loss to cargo by perils insured against. The Resolution Marine covers are:
- All risks
- Basic cover
- Restricted Cover
Why buy Resolution Marine Insurance?
Some of the benefits of buying the Resolution Marine Insurance include:
- Complete coverage to get your goods from warehouse to warehouse
- General average losses and contributions in accordance with international laws
- Risks of war, strikes, riots and civil commotions
- Reimbursement of expenses incurred while mitigating a loss under the policy
How to buy
- Visit www.marine-resolution.co.ke and create an account
- Visit any of our branches
- Visit your nearest Resolution agent
How to claim in 4 easy steps
- Report loss and attach the required documents through www.marine-resolution.co.ke
- Resolution Insurance acknowledges receipt and proceeds to appoint an adjuster to access the loss
- A survey report is submitted to Resolution by the adjuster and a settlement offer is given to the insured
- If claim is admissible, payment is made within seven days of receipt of Executed Discharge Voucher
The following documents are essential to pursue all claims, other requirements may be requested depending on the nature of claim:
- Bill of Lading or sea/air waybill
- Original Certificate of Insurance
- Cargo sales invoice
- Detailed description of the loss
Notes: Notification of the loss must be made to Resolution Insurance immediately.
- What is Resolution Marine Insurance?
- Is it a must I take Marine insurance locally?
- How can I buy Marine Insurance?
- Where can I buy a Marine Cover?
- When should I buy Marine Insurance?
- Can I buy Marine Insurance when transporting goods by rail or road within the country?
- How long is a Marine cover valid once bought?
- Does Marine Cover have exclusions?
- Do I have to buy local insurance for goods in transit to other countries such as Uganda, Rwanda?
- What is the claims process for loss or damages to goods insured ?
- How long before a claim is paid?
- What documentation is required to make a claim?
Resolution Marine insurance is a transit risk policy which provides wide coverage for loss caused to cargo while in transit between any two points either by sea, air, rail or road and covers any accidental loss to cargo by perils insured against.
Yes, importers will have to produce proof of local insurance before their goods can be inspected at the source country. Treasury CS Henry Rotich in his June 8, 2016 budget speech directed the Kenya Revenue Authority (KRA) and other stakeholders to fully implement the section 20 of the Insurance Act in order to boost insurance business.
You can buy marine insurance directly as an individual or company, or through the Resolution online portal www.marine-resolution.co.ke
Following a directive by the government in 2016, all insurance for goods that are being imported to Kenya will have to be bought from local Insurance firms.
You can buy marine insurance when you are importing or exporting goods.
Yes you can, Resolution Marine Insurance covers loss or damage to goods being transported by road or rail.
Marine cover, once purchased is valid from the warehouse of origin to the destination warehouse.
The general exclusions are wilful misconduct of the insured, ordinary leakage, unseaworthiness, Inherent Vice of the subject matter, war, strikes. Note that War and strikes can be extended by payment of additional premium. For more information visit our website www.marine-resolution.co.ke or talk to your agent.
No, the marine cover is warehouse to warehouse, therefore will cover transit of goods until they reach the final destination.
You can also notify us at email@example.com or call us on +254 709 990 000.
Once notification and claim form is received, an approved claim will be processed within 7 days.
The following information needs to be provided while reporting a claim:
- Bill of Lading;
- Original certificate of Insurance;
- Cargo sales invoice;
- Detailed description of the loss.