Marine Hull

Marine Hull Insurance

We provide solutions for all types of ships – whether Ocean going or plying on inland waterways (Be they steamers, fishing vessels, trawlers, launches, etc) are covered under the Marine Hull insurance. Along with the Hull – the Machinery is also covered (H & M). Vessels being used for pleasure and sports – such as pleasure yachts can also come under this. Water borne properties such as Jetties, Floating dry docks, Pontoons all come under this broad section. Apart from this, other related shipping activities are also dealt with by the Insurers under this section.

We provided solutions to Ship-owners, charterers, shipbuilders, bankers, financiers of Ships or vessels who have Insurable Interest.Ports – (Port Authorities, Port Operators, Private Jetty owners) can be covered by a comprehensive Port package Policy – which encompasses several risks such as Physical damage to the Vessels (H & M Cover) Business Interruptions, Wreck Removal, and TP Liability. Terrorism cover can also be given.

We provide solutions which covers
  • Activities such as – Ship building/Ship breaking or ship repairers and the liabilities arising through such activities.
  • Charterers Liabilities, P & I Protection.
  • Perils of seas, rivers, lakes or other navigable water loss/damage to the property insured caused by: Fire, explosion, Stranding, sinking, etc., Overturning, derailment (of land conveyance), Violent theft by persons outside the vessel, Collision, General average sacrifice, sacrifice, salvage charges, Jettisons, Piracy, Breakdown of or accident to nuclear installations or reactors, Contact with aircraft or similar objects or objects falling therefrom, land conveyance, dock or harbour equipment or installation, Earthquake, volcanic eruption or lightning, Crew negligence.

We arrange various types of Insurance policies,
  • Marine Builders Risk Policy
  • Charters Liability Policy
  • Comprehensive Package Policy
  • Offshore Energy Policy
  • Hull & Machinery Policy
  • Ship Breaking Insurance
  • Marine Ship Repairs Policy
  • Voyage Policy
  • Marine Hull War Risk