• The pool ensures continuous, affordable maritime insurance for Indian trade, reducing reliance on foreign insurers and covering vessels even on volatile routes.

About Bharat Maritime Insurance Pool:
Coverage: Covers Indian-flagged, Indian-controlled, and India-linked vessels transporting cargo to and from Indian ports, including those in high-risk maritime corridors across global routes.
Risks: Includes Hull and Machinery, Cargo, Protection and Indemnity (P&I), war risks, and third-party liabilities such as oil pollution, collision, crew injury, and wreck removal.
Capacity: Provides a combined underwriting capacity of approximately Rs.950 crore through pool member insurers under a pooled mechanism with policies issued collectively.
Tenure: Ensures continuous insurance coverage for 10 years, extendable up to 15 years, maintaining long-term reliability of coverage.