Resolution’s marine cargo insurance Kenya 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:
Why buy Resolution Marine Insurance?
Some of the benefits of buying the Resolution Marine Insurance include
How to claim in 4 easy steps
The following documents are essential to pursue all claims, other requirements may be requested depending on the nature of claim:
Notes: Notification of the loss must be made to Resolution Insurance immediately.
What is Resolution Marine Insurance?
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.
Is it a must I take Marine insurance locally?
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.
How can I buy Marine Insurance?
You can buy marine insurance directly as an individual or company, or through the Resolution online portal www.marine-resolution.co.ke
Where can I buy a Marine Cover?
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.
When should I buy Marine Insurance?
You can buy marine insurance when you are importing or exporting goods.
Can I buy Marine Insurance when transporting goods by rail or road within the country?
Yes you can, Resolution Marine Insurance covers loss or damage to goods being transported by road or rail.
How long is a Marine cover valid once bought?
Marine cover, once purchased is valid from the warehouse of origin to the destination warehouse.
Does Marine Cover have exclusions?
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.
Do I have to buy local insurance for goods in transit to other countries such as Uganda, Rwanda?
No, the marine cover is warehouse to warehouse, therefore will cover transit of goods until they reach the final destination.
What is the claims process for loss or damages to goods insured?
You can also notify us at email@example.com or call us on +254 709 990 000.
How long before a claim is paid?
Once notification and claim form is received, an approved claim will be processed within 7 days.
What documentation is required to make a claim?
The following information needs to be provided while reporting a claim: