Marine cargo and marine hull insurance has become an increasingly important consideration for Indonesian businesses and individuals as the volume of inter-island trade and international trade has continued to rise. Indonesia’s geographical make up as an archipelago, the far reaching distances required to cover the market and the resulting risks have contributed to raising the awareness of the advantages of marine cargo insurance. This trend is set to continue with the on-going development of secondary and third tier cities throughout Indonesia and especially outside of Java.

Bosowa Asuransi provides marine cargo insurance at varying levels of coverage for protection during transport by air or sea for companies, cargo owners, individuals and institutions. For journeys of all types and distances, they protect against damage to the goods being transported from the point of origin to the final destination of delivery. Marine cargo insurance can be taken for goods being transported by the client’s own means and when using a third party logistics provider. Clients can choose marine cargo insurance protection ranging from general coverage to risks of fire and collusion in addition to extended protection for civil war and acts of violence.

Marine hull insurance covers any losses or damages sustained by a vessel such as a ship or airliner during transit, docking and layovers. Bosowa Asuransi's insurance also includes liabilities to third parties and coverage can be taken for specific time frames in relation to particular voyages for ultimate flexibility. Marine hull insurance customers can choose coverage based on their needs including liability for cargo, liability for crew members and collisions.