The AFER Group Ltd. has acquired the experience and expertise you can rely on in the field of marine insurance. We have the capability to provide coverage for a broad spectrum of risks, from small boats to larger vessels, encompassing shipyards, industry support firms, and marinas.
A marine insurance policy is a contractual agreement that shields the insured party from losses arising due to covered risks, in accordance with the terms and limits stipulated in the policy.
The marine insurance policy can be extended to encompass losses that might occur in inland waters or result from any land-based risks arising during a sea voyage.
Modern trade increasingly involves import/export operations, exposing companies to unfamiliar risks associated with transporting goods globally. Whether it's by truck or train in a foreign country, sea transport, or air and land transport (truck or train) in North America, South America, or Mexico, The AFER Group addresses these challenges by collaborating with international insurers specializing in Stock Throughput (STP) policies. These policies comprehensively cover goods in all warehouses and during transport worldwide, be it by ship, plane, train, truck, or professional courier service (Purolator, UPS, etc.).