We also provide coverage against physical loss or damage to cargo while in transit, either locally or internationally.
Marine Hull & Machinery
Holders of this insurance policy get indemnified during accidental damage or loss to vessel by collision, theft, sinking and other perils associated with marine transport. Other coverage include: life boats, rafts and all physical equipment, stores and supplies and items needed to run and sustain the ship and crew.
Protection and Indemnity
This insurance policy, usually referred to as “P&I” provides cover to shipowners, operators and charterers for third-party liabilities encountered in the commercial operation of entered vessels. It provides coverage for liabilities arising out of the operation of scheduled vessels such as damage to third party property, third party bodily injury or death or death to vessel passengers or crew.
Terminal Operators Liability
It provides the terminal operator with coverage for damage to cargo while in their custody, care and control for purposes of import and export. This policy is typically combined with Comprehensive Marine Liability based on clients request and scope of operation.
Maritime Employers Liability
This policy provides coverage for insured’s employees while working on chattered or operated vessels. This policy can also be made available for employees whose duties on owned vessels are not to act as captain or crew.