Marine & Marine Cargo

Marine Cargo Insurance

Trade Union’s Marine Cargo customers have significant benefits from working with us, such as payment on account or dealing directly with our underwriters online. This makes for rapid response and efficient service – ideal for today’s world of fast-paced international trade.

We have been providing Marine Cargo insurance to the Kingdom of Saudi Arabia for over 25 years.

We offer two global types of service that can easily be tailored to provide you with the appropriate coverage for your specific shipment.

1. Open Cargo
A fantastic time saver for companies that make frequent shipments, Trade Union’s Open Cargo coverage speeds up the process by getting most of the insurance paperwork done before you even know the exact shipment details. We can establish a general cargo policy for you for a predefined period of time. During that period, we will automatically insure all shipments falling within the scope of the agreement.

2. Individual Shipment
Of course, we also handle single shipments - by land, sea or air – providing fast and efficient service by a knowledgeable and dedicated staff.

Further Information
Trade Union can tailor make innovative solutions for all your insurance needs.
Call us.

Download Trade Union Documents
Summary of TUCI Marine Cargo Insurance (PDF, English)
TUCI Marine Cargo Insurance Proposal Form (PDF, English)

Marine Hull Insurance for Commercial Vessels
Marine insurance is where Trade Union excels; we have been insuring commercial vessels in the Kingdom of Saudi Arabia for over 25 years. Our dedicated and experienced marine insurance team is well acquainted with marine risks and will propose the right solution for your specific insurance needs.

Typical Trade Union Marine Hull policies run for one year. Coverage generally includes protection against loss or damage caused by:

• Perils of the sea, rivers, lakes, other navigable waters
• Fire, explosion
• Violent theft
• Jettison
• Piracy
• Crew negligence
• Accident in loading, discharging, shifting cargo or fuel
• Collision
• Bursting of boilers
• Passenger liability (optional)
Of course, we can extend coverage to include any additional risks you particular vessel may encounter.
On top of our comprehensive coverage, our customers have the added benefit of being secured by the world’s most prominent reinsurers in the marine hull market.

Further Information
Trade Union can tailor make innovative solutions for all your insurance needs.
Call us.

Download Trade Union Documents
Summary of TUCI Marine Hull Insurance for Commercial Vessels (PDF, English)
TUCI Marine Hull Insurance for Commercial Vessels Proposal Form (PDF, English)

Marine Hull Insurance for Pleasure craft
We currently insure hundreds of private water craft along the shores of the Kingdom of Saudi Arabia and have been doing so since our creation over 25 years ago.
Coverage generally includes protection against loss or damage caused by:

• Perils of the sea, rivers, lakes, other navigable waters 
• Fire, explosion 
• Violent theft 
• Jettison 
• Piracy 
• Crew negligence 
• Collision 
• Passenger liability (optional) 
• Liability for water skiers (optional) 

Further Information
Trade Union can tailor make innovative solutions for all your insurance needs.
Call us.

Download Trade Union Documents
Summary of TUCI Marine Hull Insurance for Pleasure craft (PDF, English)
TUCI Marine Hull Insurance for Pleasure craft Proposal Form (PDF, English)