Marine Insurance — Safeguarding Your
Cargo, Vessels, and Maritime Interests

From port to port, P&P ensures your cargo and vessels are protected against loss, damage, or delay — giving you confidence in every shipment and voyage.

What is Marine Insurance?

Marine insurance protects goods, ships, and related transport assets against loss or damage during transit — whether by sea, air, or land. It’s a critical safeguard for businesses engaged in import, export, or logistics.

At P&P, we work with reputable local and international underwriters to provide comprehensive marine coverage that keeps your shipments, vessels, and financial interests secure — from loading to final delivery.

Why You Need Marine Insurance

Every shipment carries risk — from rough seas to unforeseen accidents. Marine insurance ensures that your goods and assets are covered, so your business operations stay uninterrupted. Here’s why smart traders and logistics firms rely on P&P:

Protects against cargo loss or damage during transit.
Covers theft, collision, fire, and other maritime risks.
Ensures business continuity even when mishaps occur.
Builds trust with clients and partners through risk management.
Complies with shipping and trade insurance requirements.

Our Key Coverage Areas

We work with reputable local and international underwriters to provide comprehensive marine coverage that keeps your shipments, vessels, and financial interests secure

Marine Cargo Insurance

Protection for goods in transit by sea, air, or land.

Hull & Machinery Insurance

Coverage for physical damage to ships, vessels, and onboard machinery.

Freight Insurance

Safeguards freight charges if cargo is lost or damaged.

Protection & Indemnity (P&I)

Covers third-party liabilities like injury, collision, or pollution.

War & Strike Risks

Protection against war-related perils, strikes, or civil disturbances during transit.

Inland Transit Insurance

Extends marine protection to local land transport within Nigeria.

Our Key Coverage Areas

We work with reputable local and international underwriters to provide comprehensive marine coverage that keeps your shipments, vessels, and financial interests secure

Marine Cargo Insurance

Protection for goods in transit by sea, air, or land.

Hull & Machinery Insurance

Coverage for physical damage to ships, vessels, and onboard machinery.

Freight Insurance

Safeguards freight charges if cargo is lost or damaged.

Protection & Indemnity (P&I)

Covers third-party liabilities like injury, collision, or pollution.

War & Strike Risks

Protection against war-related perils, strikes, or civil disturbances during transit.

Inland Transit Insurance

Extends marine protection to local land transport within Nigeria.

Why Choose P&P for Marine Insurance?

From port to port, P&P ensures your cargo and vessels are protected against loss, damage, or delay

Tailored Policies

Tailored solutions for importers, exporters, and vessel owners.

Trusted Partnerships

Partnership with leading marine insurers and global underwriters.

Transparent Advice

Expert advisory for complex international shipping risks.

Flexible coverage

Flexible coverage — single voyage or annual open policies.

Fast Claims Processing

End-to-end claims assistance and fast settlements.

Quick Answers to Common Questions

What types of marine insurance does P&P offer?

We offer Marine Cargo, Hull & Machinery, P&I (Protection & Indemnity), Freight, War, and Inland Transit Insurance — customizable to your shipping needs.

Does marine insurance only cover sea transport?

No. Marine insurance covers goods transported by sea, air, or land, including inland transit between Nigerian cities and ports.

Who needs marine insurance?

Importers, exporters, logistics firms, shipowners, and manufacturers involved in cargo transport or trade benefit from marine insurance protection.

When does coverage start and end?

Coverage typically begins when goods leave the warehouse or port of origin and ends upon safe delivery at the final destination — depending on policy terms.

What should I do if a loss occurs?

Notify P&P immediately. We’ll help you document the loss, contact surveyors, and initiate swift claims processing with the insurer.

About P&P

Property & Pecuniary Insurance Brokers Limited is your trusted partner in risk management and financial protection. From individual covers to complex corporate risks, we ensure you’re always secured, always confident.

Our Services

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Polak House, 7 Fola Jinadu Crescent, Gbagada Phase 1, Lagos