OUR PRODUCTS
HULL & MACHINERY:
Protection against partial damage, total loss, damages to fixtures and fittings, tenders, watersports equipment and electronics.
PROTECTION & INDEMNITY:
Protection against potential third party liability exposures such as collision liabilities, pollution, wreck removal, legal defense costs, watersports liabilities and uninsured boaters.
CREW MEDICAL:
Protection for crew including health plan, medical expenses due to death or injury.
SHIP REPAIRS LIABILITIES
Protection for Yards and Contractors legal liabilities as ship repairers for:
– Loss of or damage to any vessel being worked upon including shifting and moving within the limits of the port at which the work is being carried out and including sea trials
– Loss of or damage to machinery or equipment of any vessel the Contractor is working on
– Loss of or damage to third party property occurring in the course of or arising from the ship repairing operations resulting from negligence of the Yard or Contractor, his servants, agents or sub-contractors.
BUILDER RISKS:
Protection for the construction of a new building project, or the project of a major conversion or refit. The vessel can be covered from physical loss or damage, as well as the liabilities of the Owner to third parties, against all risk. The cover will include: Faulty Design, Pollution Liability, Liabilities to Third Parties, Legal Defense Costs
CHARTERER’S LIABILITIES:
Protection against any damages and liabilities that may arise during a charter of a non-owned vessel.
LOSS OF CHARTER HIRE:
Insurance to protect you against loss of income resulting primarily from physical damage to the insured vessel or any circumstances that prevent the vessel from executing a scheduled charter.
BREACH OF WARRANTY:
Cover issued to protect a lienholder or lessor’s interest that causes the policy to continue to protect the financial interest even when the insured breaches a condition. Any loss recoveries under this clause are payable only to the lienholder or lessor.
