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Project Cargo with Delay in Start-up

Comprehensive insurance for Marine-based businesses

Why Choose AIG for Project Cargo with Delay in Start-up?

At AIG, we ensure the best possible solution for our customers’ assets and their business reputation. We introduce Project Cargo with delay in Start-Up to cover all goods and/or merchandise and/or equipment and/or interest of every type and description shipped in connection with the project. Aside from covering delays in start-up, it offers solutions for cargoes usually of a complex/specialist nature, heavy lift/high value/long lead time items. It also covers specialist transportation systems required such as heavy lift vessels, barge shipments, and hydraulic trailers, and unusual/complicated site discharge arrangements.

The AIG Advantage

AIG Project Cargo with Delay in Start-up Solutions

Project Cargo with Delay in Start-Up caters to:

  • Project owners
  • Engineering procurement and construction contractors
  • Finance parties/lenders
  • Suppliers and manufacturers

Indemnifies the Project Owner for loss resulting from "delay in start-up" of commercial operation due to physical loss or damage in-transit and/or delay in delivery.

When you buy insurance from AIG, you can have confidence that we stand ready to help you recover quickly when the unexpected happens. The claims operation that underpins every AIG policy is one of our greatest strengths, with a strong local claims team backed by our global network of expertise to support you when you face a loss.

For claims associated with Charterer's Legal Liability, please reach out to your insurance broker to assist you. You may also contact us at:

Phone:  +63 2 8 878 5460