Marine & Logistics Insurance

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Marine & Logistics Insurance

In Botswana’s land-linked economy, the movement, storage, and handling of goods across borders and within the country involves significant risk. FinSef’s Marine & Logistics Insurance protects importers, exporters, freight operators, and warehousing businesses against financial loss from damaged, lost, or delayed goods.

1Marine Cargo Insurance

Covers goods being imported or exported by sea, air, or road against risks such as fire, theft, mishandling, or weather damage. Essential for Botswana businesses engaged in international trade through ports in South Africa, Namibia, or Mozambique.

2Freight Forwarder Liability

Protects freight forwarders and logistics providers against legal liability for loss or damage to goods under their care. It also includes errors and omissions, making it essential for compliance and trust in freight operations.

3Goods in Transit

This policy covers goods owned or for which the business is responsible while being transported. It provides protection against loss or damage caused by accidents or theft during transit by any means of conveyance. The policy is ideal for businesses involved in distribution, delivery, or transportation of goods. It ensures that the value of goods in transit is recoverable, even when they are outside the business’s usual security parameters. This cover reduces potential financial losses due to logistics risks.

4Warehouse Liability

Provides protection for warehouse operators against claims for loss or damage to third-party goods stored on their premises. This includes liability arising from fire, water damage, poor storage conditions, or handling errors.