panies that specialize in marine insurance. For exam-
ple, Roanoke Insurance, with offices in all major cities,
specializes in managing marine cargo exposures and ar-
ranging the insurance of these risks. Underwriting compa-
nies, such as CIGNA, AIG, Great American, Navigators,
Through Transport, and Lloyds of London are but a few of
the insurance companies that have a strong marine cargo
capability.
Scope of Coverage. Terms should be “All Risk,
Warehouse to Warehouse,” providing the broadest terms
and coverage from the time a company’s interest begins to
when it ceases.
Limits. Limits refers to the amount of loss the insurance
company would be liable for in the event of a claim. A com-
pany must make sure its limits are adequate.
Geographic Limitations. ...