There is a wide variety of risks that may be covered under this class of insurance, including:
- Goods in transit within Australia, imports or exports (e.g. loss or damage to building materials in transit by road, rail, sea or air)
- Shipping containers
- Property held on watercraft
- Commercial vessels
- Pleasurecraft
- Protection and indemnity (i.e. legal liability arising out of the use of watercraft)
- Charterers liability
- Carriers' goodwill and carriers' legal liability
- Consequential loss
- Stevedoring
- Innocent mortgagee cover for banks and financiers
