Every shipment in today’s fast-paced logistics—and especially under Incoterms like FOB or CIF—exposes cargo owners to serious risks such as theft, fire, storm damage, and transit delays, but without marine insurance you are fully accountable for any financial loss, third-party damage, or legal liabilities that may arise. Marine insurance stands as a strategic safeguard, not mere compliance: it can fully reimburse the value of a ₹25 lakh container lost due to water damage, cov