BPI/MS Marine and Aviation Insurance Policies protects the insured (company or individual) from financial losses directly caused by loss of cargo, freight, ship, aircraft or other interest in movable property during transits by land, sea or air.

The following are the various Marine and Aviation policies from BPI/MS:

1. Marine Cargo Insurance - provides loss protection for cargo/es while in transit. The two types of Marine Cargo Insurance are:
   
   
   1. Individual Policy - ideal protection for cargoes having limited movements of one to four times a year. The terms and conditions are negotiated on a per voyage or transit basis.
   
   
   
   2. Open Marine Policy - ideal protection for regular cargo importation or exportation. With the Open Marine Policy, all that needs to be done is declare to BPI/MS each and every shipment. The cargoes are then automatically covered based on the pre-agreed terms and conditions set in the Open Marine Policy.
       
2. Inland Marine Insurance - provides loss protection for cargoes being delivered through land conveyance. This can cover merchandise or equipment that need to be transported in trucks.
    
3. Marine Hull Insurance - provides protection from direct financial losses brought about by loss or damage to the vessel. This can also cover salvage charges, sue and labor, and general average expenses.
    
4. Aviation Insurance - provides protection from direct financial losses brought about by loss or damage to the aircraft. Third party liabilities and personal accident coverage can also be provided.