Protecting Your Cargo and Vessels Across Waters
Tanzania’s position on the Indian Ocean and as a gateway to landlocked neighbors makes maritime trade essential to the economy. Whether you’re importing raw materials through Dar es Salaam port, exporting Tanzanian agricultural products, or operating vessels along our coastline and inland waterways, marine risks are real and potentially catastrophic.
Al Baraka Takaful Marine Insurance provides comprehensive, Shariah-compliant protection for cargo, vessels, and maritime liabilities, ensuring that your international and domestic trade isn’t disrupted by the perils of the sea.
Coverage Options
Marine Cargo Insurance
Protects goods in transit by sea, air, road, or rail from origin to final destination.
Institute Cargo Clauses (ICC) Options
ICC (A) – All Risks Coverage
Most comprehensive protection covering all physical loss or damage from external causes, except specifically excluded perils. Ideal for high-value or fragile goods.
Covered perils include:
Storm, heavy weather, and rough seas
Vessel sinking, grounding, or collision
Fire, explosion, and lightning
Jettison and washing overboard
Piracy and theft
Damage during loading or unloading
Earthquake and natural disasters
General average contributions
ICC (B) – Named Perils (Wide)
Covers specific major perils during voyage, suitable for standard goods with moderate risk.
Covered perils include:
Fire, explosion, and vessel collision
Vessel stranding, sinking, or capsizing
Overturning of road vehicle
General average sacrifice
Jettison
ICC (C) – Named Perils (Basic)
Essential coverage for basic perils, most economical option for low-risk, low-value cargo.
Covered perils include:
Fire and explosion
Vessel stranding, sinking, or capsizing
Overturning of road vehicle
General average sacrifice
Inland Transit Insurance
Extends coverage for goods traveling by road or rail within Tanzania or from neighboring countries.
Hull & Machinery Insurance
Comprehensive protection for vessel owners covering ships, boats, and watercraft.
Coverage includes:
Physical damage to hull, machinery, and equipment
Collision liability (damage to other vessels)
General average contributions
Salvage and sue and labor expenses
Total or constructive total loss
Navigational equipment and electronics
Types of vessels covered:
Cargo ships and tankers
Fishing vessels
Passenger ferries
Tugboats and service vessels
Pleasure yachts and boats
Freight Insurance
Protects the freight charges you’re entitled to receive, crucial if cargo is lost and freight isn’t pre-paid.
Liability Insurance (P&I Coverage)
Third-party liability coverage for vessel operators:
Injury to crew or passengers
Pollution and environmental damage
Damage to port facilities
Wreck removal obligations
Who Needs Marine Insurance?
Importers
If you’re bringing goods into Tanzania – raw materials, machinery, consumer goods, or any imports – marine insurance protects your investment from the moment goods leave the supplier until they reach your warehouse.
Exporters
Tanzanian exporters of coffee, tea, cashews, minerals, and manufactured goods need coverage ensuring that your products reach international buyers in perfect condition, protecting your reputation and revenue.
Freight Forwarders
As intermediaries managing logistics for clients, you need coverage protecting goods in your care, custody, and control.
Shipping Companies
Vessel owners and operators require hull insurance and liability coverage to protect expensive assets and manage third-party risk.
Ship Chandlers
Suppliers of ship equipment, provisions, and services need coverage for goods supplied to vessels.
Clearing & Forwarding Agents
Managing goods through customs and port facilities creates liability that requires proper insurance protection.
Project Cargo Handlers
Oversized, high-value project equipment requires specialized marine coverage with appropriate limits.
Benefits & Features
Claims Process Overview
Marine claims require immediate action:
Immediate Notice
Report damage or loss within 24 hours of discovery.
Preserve Evidence
Do not dispose of damaged goods; take extensive photos.
Obtain Surveys
Independent surveyor assesses damage and determines cause.
Collect Documents
Bill of lading, commercial invoice, packing list, survey report.
Claim Submission
Submit complete documentation to claims department.
Assessment
We review surveys, documents, and coverage terms.
Settlement
Approved claims settled within 14–21 days of receiving complete documentation.
Required Documentation :
Original policy or certificate of insurance
Original bill of lading or airway bill
Commercial invoice and packing list
Survey report from independent surveyor
Photos of damaged goods and packaging
Delivery receipts or warehouse records
Correspondence with carriers
Repair estimates or replacement costs
Average Settlement Time
Straightforward cargo claims: 14–21 days
Complex claims requiring investigation: 30–45 days
Total loss claims: 21–30 days
General average contributions: 60–90 days due to complexity
Get Your Marine Insurance Quote
Protect your imports, exports, and vessels with internationally recognized, Shariah-compliant marine coverage.
What We Need for Cargo Quote
Description of goods and value
Packing method
Origin and destination
Mode of transport (sea, air, road)
Voyage route
Required coverage level (ICC A, B, or C)
Annual shipment volume (for open cover)
What We Need for Hull Quote
Vessel type, age, and specifications
Current market value
Navigational area
Use (commercial, fishing, pleasure)
Safety equipment and certifications
Claims history