Mutual Benefits Assurance Logo
Call: 234-905-464-4444
Coverage
What is insured?
Provides cover against losses or damage to goods whilst in transit either by sea or air from the exporting country's warehouse to the Insured’s warehouse in Nigeria

What is not insured?
  • Willful misconduct of the insured
  • Mid-Stream Discharge
  • Inherent vice or Nature of the Subject matter insured
  • Ordinary leakage/loss in weight or volume/Wear and Tear
  • Loss/damage caused by insufficient or unsuitable packing
  • Loss/damage caused by delay
Where am I covered?
  • As per voyage
Are there any restrictions on cover?
  • Policy Excess
  • Sum Insured
How do I pay?
  • Cheque
  • Direct Bank Transfer
When does the cover start and end?
Cover starts upon issuance of certificate of insurance and ends at completion of voyage (subject to Policy conditions).
 
Benefits
What do I stand to gain?
  • Restoration of financial loss
  • Continuity of business
  • Rest of mind despite maritime perils
  • Repair or replacement of damaged property
Claims
What are my obligations?
  • To disclose all material facts of the subject matter
  • Immediate notification of claimable event
  • In the event of fire, take steps to minimize the loss or damage and recover any missing property
  • Cooperate with claim adjusters