Sukoon Marine Insurance

What is Sukoon Marine Insurance in UAE?

Sukoon marine insurance covers businesses involved in importing, exporting, transporting goods, or operating marine vessels. It provides reliable financial protection against risks that may arise during transit or while vessels are in use. With this coverage, businesses can safeguard their valuable assets.

As a trusted insurer in the UAE, Sukoon offers flexible marine insurance coverage for businesses of all sizes — from startups to well-established maritime companies. The policy is designed to minimise financial losses caused by unforeseen events and help ensure business continuity.

A Sukoon marine coverage policy typically covers loss or damage to marine cargo during sea, air, or land transit. It also covers risks related to marine hulls, machinery, and vessel operations. By offering comprehensive protection, this insurance helps businesses manage marine-related risks effectively without putting pressure on their finances.

Types of Sukoon Marine Insurance in UAE

Sukoon marine insurance is typically available in two types: cargo and hull insurance. The key details of the coverage are as follows -

Marine Cargo Insurance

Sukoon marine cargo insurance safeguards businesses against loss or damage to goods while in transit. It covers shipments transported by air, sea, and road, protecting against a wide range of transit-related risks. This allows companies to focus on business operations without worrying about cargo losses.

It typically offers the following coverages -

• Freight forwarders’ liability
• Courier and parcel post shipments
• Haulier (land transport) liability
• Marine cargo during sea transit
• Project cargo exposures
• Land transit risks
• Stock throughput (goods stored in the warehouse as part of transit)
• War and strikes risk cover

Marine Hull Insurance

Marine hull insurance protects ships and vessels from physical damage, collisions, and related liabilities while operating anywhere in the world. It also covers third-party claims and potential loss of future income, with flexible options to customise coverage based on your business needs and budget.

Here’s what this plan covers -

• Builders’ risks
• Protection and indemnity (P&I)
• Crew personnel accident (PA) cover
• Hull and machinery damage
• Charterer’s liability coverage
• Loss of hire
• Port authorities and terminal operators’ liabilities
• Disbursements (increased value)/ Freight interest insurance
• Ship repairer’s liability

Why Choose Sukoon for Marine Insurance in UAE?

Sukoon is a trusted marine insurance provider in the UAE. Backed by over 50 years of industry experience, it offers customised marine insurance solutions tailored to the needs of vessel owners and marine businesses.

Sukoon marine insurance coverage also stands out for its flexible policy options, competitive premiums, and transparent terms. With robust claims support, local expertise, and dedicated support, it helps businesses reduce financial exposure and ensure continuity of marine operations without unnecessary delays or complications.

How to Buy Sukoon Marine Insurance in UAE?

You can buy Sukoon marine cargo insurance through its official website or with the help of Policybazaar.ae.

Policybazaar UAE is an online platform that offers you customised business insurance plans as per your business requirements. Here are the simple steps to buy marine insurance through this platform -

• Go to the homepage of Policybazaar.ae
• Click on the ‘Business Insurance’ section
• Choose ‘Marine Insurance’
• Fill out the lead form with the accurate details
• After you submit the form, you will get a call from our representative who will guide you further

Sukoon Marine Insurance Claim Process 

Sukoon Insurance provides quick and hassle-free claim support for marine insurance in the UAE. Here are the simple steps you need to follow -

• Inform Sukoon About the Incident - Contact Sukoon Insurance as soon as the loss, damage, or incident occurs. Timely intimation helps prevent further loss and speeds up the claim process.
• Submit Required Documents - Share all the necessary documents. This can include as the policy copy, invoice, bill of lading, survey report, and photos of the damage, as applicable.
• Survey and Assessment - The insurer may appoint a surveyor to assess the extent of loss or damage and verify the claim details.
• Claim Evaluation - Once documents and survey reports are reviewed, the claim is evaluated as per policy terms and coverage limit.
• Claim Settlement - Once the claim is approved, Sukoon processes the settlement quickly. With quick settlements, you can avoid delays and keep your business operations running smoothly.

Wrapping Up

Sukoon marine insurance offers complete protection for vessels, cargo, and marine operations in the UAE. With customised plans, wide-ranging coverage, and hassle-free claims support, it helps businesses handle risks during transit and operations. Suitable for both small and large maritime companies, the policy safeguards assets, reduces financial losses, and ensures smooth business operations.

You can easily get Sukoon marine coverage at affordable rates through Policybazaar.ae.

Frequently Asked Questions