Comprehensive coverage for ships, cargo, and freight against unforeseen risks—on sea, air, and land.
Why You Need One Today
In the world of global trade and logistics, the movement of goods by sea, air, or land is vital to business success. But along with opportunities come unpredictable risks—from rough seas and port accidents to cargo theft and delays—that can cause costly disruptions.
That’s why Marine Insurance is essential. It provides financial protection for shipping vessels, cargo, and marine operations, ensuring your investments are secure throughout transit. At SWEN Insurance Agency & Services Corp., we help businesses across the Philippines safeguard their shipments so they can operate with confidence and peace of mind, no matter where the trade winds take them.
What is Marine Insurance?
Marine Insurance is a specialized type of insurance that protects ships, cargo, terminals, and transport vehicles involved in moving goods from one place to another. In simple terms, it provides financial coverage for losses or damages that may occur while goods are in transit—whether by sea, air, or land.
Scope of Marine Insurance Coverage
- Ships and Vessels – Protection against sinking, fire, collisions, and other maritime accidents.
- Cargo and Freight – Comprehensive cargo insurance coverage for goods during shipment, from warehouse of origin to final destination.
- Ports and Terminals – Protection while goods are stored, loaded, or unloaded.
- Transport Vehicles – Trucks, barges, and other carriers used in the shipping process.
Why Marine Insurance is Important
In today’s fast-paced world of global trade, businesses and individuals involved in importing, exporting, and logistics face unpredictable risks such as storms, accidents, or theft. Without proper protection, one incident can lead to major financial loss.
With Marine Insurance in the Philippines from SWEN Insurance Agency & Services Corp., you gain:
- Security for your cargo and shipping operations.
- Stability for your business supply chain.
- Peace of Mind knowing your investments are fully protected.
By choosing the right marine cargo insurance, you ensure that every shipment—whether local or international—is covered against unforeseen risks, allowing your business to trade with confidence.
Types of Marine Insurance Coverage
Marine Insurance offers different types of coverage depending on the nature of your shipment or operations. At SWEN Insurance Agency & Services Corp., we provide comprehensive protection through the following:
Hull Insurance
Covers physical damage to ships, vessels, and other watercraft caused by accidents, collisions, fire, or natural disasters.
Essential for shipowners and operators to safeguard their investment.
Cargo Insurance
- Protects goods transported by sea, air, or land against risks such as theft, damage, fire, and sinking.
- Suitable for importers, exporters, traders, and logistics companies.
Freight Insurance
- Covers the shipping company’s earnings in case cargo is lost or damaged during transit.
- Ensures carriers are compensated even if goods fail to reach their destination.
Liability Insurance (Protection & Indemnity)
- Provides coverage against third-party claims, including bodily injury, property damage, or environmental damage caused by the vessel.
- Critical for shipowners and operators to protect against legal and financial risks.
Inland Marine Insurance
- Extends protection for goods transported over land via trucks, trains, and other carriers.
- Ideal for businesses with nationwide distribution within the Philippines.
Why Do You Need Marine Insurance?
Shipping goods across seas and borders opens great opportunities—but it also comes with unpredictable risks. Without proper coverage, a single incident could lead to massive financial loss. Here’s why Marine Insurance in the Philippines is essential for businesses and individuals involved in trade and shipping:
- Protection Against Risks at Sea:Safeguards cargo and vessels from natural disasters, storms, accidents, piracy, collisions, and other unforeseen events during transit.
- Legal and Financial Security: Covers liability for third-party claims such as injury, property damage, or environmental harm, protecting your business from costly lawsuits.
- Business Continuity Assurance: Ensures smooth operations and minimizes disruption by covering losses, so your supply chain and customer commitments stay on track.
- Compliance and Trade Requirements: In many cases, marine cargo insurance is required by law or by trade partners, making it a vital safeguard for importers, exporters, and shipping companies.
With SWEN Marine Insurance, you gain the confidence to move goods locally and globally, knowing that your business is shielded against financial risks at every stage of the journey.
Get Free Marine Insurance Quotes Today!
Why Choose Our Marine Insurance
When it comes to protecting your shipments, vessels, and business operations, SWEN Insurance Agency & Services Corp. delivers trusted marine insurance solutions in the Philippines. Here’s why businesses choose us:
Fast Claim Settlements
Quick and hassle-free claims assistance so your business operations remain uninterrupted.
Customer Support
Our team is always available to guide and assist you whenever you need help.
Trusted by Industry Leaders
The choice of shipping companies, exporters, importers, and logistics providers across the Philippines.
With SWEN, you get more than just insurance—you get a reliable partner in securing your business investments.
Common FAQ Marine Insurance
What is Marine Insurance?
Insurance that protects ships, cargo, freight, and transport against loss or damage during transit by sea, air, or land.
Who needs it?
Importers, exporters, shipping companies, logistics providers, and businesses transporting goods locally or internationally.
What does it cover?
Cargo loss or damage, theft, natural disasters, vessel accidents, liability claims, and even warehouse-to-warehouse protection.
Is it only for international shipping?
No. It also applies to domestic shipments within the Philippines by sea, air, or land.
Why is it important?
It reduces financial risk, ensures business continuity, provides legal protection, and is often required by trade partners.
Protect Your Cargo Today – Get a Free Marine Insurance Quote
Don’t let unpredictable risks put your business at stake. With SWEN Marine Insurance, your cargo, vessels, and shipments are fully protected—whether local or international. Get peace of mind and secure your trade operations with the right coverage.
Contact SWEN Insurance Agency & Services Corp. today and let our experts help you get the best plan tailored for your needs.