Comprehensive Takaful Policy

Marine Takaful is of great significance for a nation's economy that heavily relies on foreign trade by way of exports as well as imports. The technical staff of our Marine department provides excellent customer service by offering expert advice on the right type of policy required at the most reasonable rates. In addition, we can also devise specialized covers tailored to your specific business needs.

Our standard Marine Portfolio comprises of the following types of policies:

Marine Cargo Policy

Micro Takaful Health policy will cover the expenses incurred due to sickness or accidental injuries. This helps and protects the under-privileged class of our society from high & unexpected healthcare expenses in return of a nominal amount of contribution.

Marine Cargo Policy

Cargo interests are exposed to numerous financial risks in the course of their business of imports, exports as well as movement of goods within the country. The transportation of cargo is invariably carried in conjunction with marine insurance coverage as no one can afford to take the risk of leaving his cargo uninsured.
Our Marine Cargo cover protects your goods against the various risks involved during transit, for all types of cargo transported by the various modes of conveyance such as sea, air, land and parcel post, from warehouse to warehouse.

The coverage can be provided on the following basis:


This policy is valid for a single voyage or transit. The policy is issued before the voyage starts. The coverage will cease immediately on completion of the voyage.


In case of frequent shipments it will be cumbersome, if not altogether difficult, to need issuance of a Marine Cargo policy each and every time. To solve this problem, a single policy is issued to cover all the shipments during the year. Each shipment affected during the policy period is endorsed therein by means of a declaration of shipment. The policy is normally issued for a 12-months’ period.

The coverage of policy is based on the type of cargo. We provide Takaful coverage for all kinds of commodities including, but not limited to, steel products, bulk oil cargoes, containerized products etc. This policy covers various type of cargo transported by sea, air as well as by land conveyance. Extent of cover varies from a limited TLO to an all risk comprehensive cover in accordance with the internationally recognized ‘Institute Cargo Clause ‘A’, ‘B’ or ‘C’.