Atlas Marine and Cargo InsuranceAtlas Marine and Cargo Insurance

Coverage

Container Loads

Full container and project cargo programmes, open cover or per shipment.

Overview

Atlas writes container programmes for shippers, traders, forwarders and project owners — full container loads, consolidations, breakbulk, out-of-gauge and heavy-lift project cargo. Cover can be arranged per shipment or under an annual open cover with automatic declaration.

Terms are based on Institute Cargo Clauses (A) with war and strikes, and we extend into the exposures that standard carrier liability leaves behind: general average, container sweat, reloading and the shortfall between a carrier's package limitation and the true value of your goods.

What the policy covers

All-risk cargo cover
Institute Cargo Clauses (A) with Institute War and Strikes Clauses, warehouse to warehouse, including on-carriage and deconsolidation.
General average and salvage
Your contribution to general average and salvage charges, paid without waiting on the carrier's adjustment.
Container loss and stack collapse
Loss overboard, stack collapse, container damage, water ingress, sweat and condensation damage to the cargo.
Theft, shortage and non-delivery
Theft, pilferage, seal tampering, shortage on tally and non-delivery of a whole container or package.
Project and out-of-gauge cargo
Flat rack and breakbulk lifts, heavy-lift crane operations, load-out and marine warranty surveyor conditions.
Open cover and certificates
Annual open cover with declarations, bank-acceptable certificates of insurance and letter of credit compliant wording.

Frequently asked questions

Container Loads — eligibility and what we need

Who is eligible for container cargo cover?

Shippers, importers, exporters, traders and freight forwarders moving full container loads or breakbulk cargo, with annual shipping values and trade lanes declared at inception.

Do you write annual open cover or single shipments?

Both. Annual open cover with monthly declarations or turnover-based reporting suits regular traffic, while one-off and project movements can be written as single-transit certificates.

What clauses and settlement basis apply?

Cover is normally written on Institute Cargo Clauses (A) with War and Strikes, settled at CIF value plus an uplift of 10% to 30% as agreed, so freight, duty and expected margin are protected.

What information do you need to quote?

Commodity description, packing and stowage method, annual shipping values and lanes, maximum value per conveyance and per location, and a three-year claims record.

Are certificates acceptable to banks and letters of credit issued?

Yes. We issue bank-acceptable certificates of insurance with letter of credit compliant wording, usually within the same business day of a declaration.

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