Our Marine cargo policy provides global coverage designed to cover, on broad terms, the goods and merchandise of a cotton merchant and other commodities. Merchandise consisting of:

  • Cotton and cotton linters,
  • Motes in bales and/or in bags,
  • Cotton samples,
  • Cottonseed
  • Bagging and ties
  • Other Commodities

The policy covers the merchant’s products:

  • Time of purchase or when their interest begins, or
  • Until the time title passes, becomes the property of others, or
  • Delivered to the final destination, includes foreign shore detention.
  • Local/domestic transit, various INCO Terms FOB, FAS, CFR, EXW,  and CIF shipments are covered for any means of transportation, including transshipments.
  • Terms of Trade include ICA – International Cotton Association, ACSA American Cotton Shippers Association Southern Mill Rules.
  • Warehouse to warehouse coverage.

Optional coverage:

  • Increased Value
  • Buyer’s and Seller’s Interest

Policy coverage limits up to:

  • $12,000,000 any one conveyance
  • $250,000 any one truck
  • $12,000,000 any one storage location
  • Higher Limits Upon Request