The Role of Marine Insurance for Shipment Companies

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Companies that are shipping in or around Singapore and using transportation methods employed by air cargo agents must find the best insurance available to cover the many dangers that abound while transporting goods.

The decision pertaining to whether or not you should insure your freight is not always going to be as simple as you may think. So many factors come into play, including the value of the goods that are being shipped, origin and destination of shipment, method of transport, and other factors.

It is important to note that if you do not insure your shipment, it will fall under legal liability coverage, but will only be insured for .50 per pound, with a $100 minimum, if the total value of the shipment exceeds $100. For partial loss or damage or international shipments, these figures will vary. The important point is that your goods will not be covered for much if you choose not to insure them.

Cargo insurance can be a difficult industry to understand and it can be daunting to locate a company that can help you with the purchase of marine insurance in Singapore. Thankfully, singaporeairfreight.com has put together a comprehensive directory that provides a profile list of all airlines, aircargo agents, freight forwarders, couriers and other related services in and around Singapore.

This is a list of companies providing goods or services that pertain to cargo and marine insurance for shipments coming or going from Singapore. There are multiple companies listed on the site, however a few of the more popular companies are as follows:

JONVIN INSURANCE AGENCY PTE LTD  

#06-23 Cargo Agents Building C

Box 743 Changi Airfreight Centre

Singapore 918109

Specialised coverage for your every move.

COMMERCIAL LINES

  • Marine Insurance

– Cargo Insurance

– Marine Liability Insurance

Bailee’s Liability

Forwarder’s Liability

Stevedore’s Liability

Terminal Operator’s Liability

Ship Repairer’s Liability

Marina Operator’s Liability

  • Burglary/Theft
  • Commercial Vehicle
  • Fire
  • Public Liability
  • Workmen’s Compensation

BRIAN MAE PTE LTD

60 Anson Road

#10-05 Mapletree Anson

Singapore 079914

Tel: (65) 6532 0315

Fax: (65) 6535 0162

AAS INSURANCE AGENCY PTE LTD  

535 Kallang Bahru

#02-08 GB Point

Singapore 339351

ALLIANZ GLOBAL CORPORATE & SPECIALTY SE, SINGAPORE BRANCH  

12 Marina View

#14-01 Asia Square Tower 2

Singapore 018961

ANDA INSURANCE AGENCIES PTE LTD 

190 MacPherson Road

#03-01 Wisma Gulab

Singapore 348548

FINANCIAL INDUSTRY DISPUTES RESOLUTION CENTRE LTD  

112 Robinson Road

#13-03

Singapore 068902

GREAT EASTERN LIFE ASSURANCE CO LTD, THE  

1 Pickering Street

#13-01 Great Eastern Centre

Singapore 048659

When looking for companies that can provide the very best marine insurance possible for your cargo, visit the comprehensive website at singaporeairfreight.com to find everything you need in one place. No need to scout the internet trying to locate a reputable agency or take the chance that you may be overpaying for services.

Visit the website that Singapore locals visit. Visit www.singaporeairfreight.com for a great and convenient place where you’ll get more than you’re looking for.

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