Intra Asia Insurance provides financial protection against all risks of physical loss or damage to cargo
from any external cause during shipping, whether by land, sea or air such as fire, ship demolished/sink,
dismantling or discharge in the harbour/airport, jettison,
cargo swept away in storm, theft and robbery. There are 3 main policies offered by Intra Asia Insurance:
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Institute Coal Clauses
The Institute Coal Clause applies to the shipment of coal through barge and tug boats in Indonesian waters or through bulk carriers for international shipments.
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Institute Bulk Oil Clauses
The Institute Bulk Clause applies to the shipment of gas oil, gasoline, crude palm oil, and other liquid minerals by tankers.
This clause guarantees protection over leaks in the pipes during the loading,
trans-shipment or discharge process and as well as contamination due to bad weather conditions.
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Institute Frozen Food/Meat Clauses
The Frozen Food/ Meat Clause applies to the shipment of frozen foods such as frozen meat, ice cream, cheese, frozen fish,
and any other frozen foods shipped by reefer containers.
This clause guarantees protection over losses due to malfunctions in the temperature control system within the container.