Marine insurance safeguards you against loss or damage to your vessels and cargo and the delivery and storage of goods.
Who is it for?
Any business that operates commercial vessels, watercraft, moving cargo or a marina should consider taking out Marine insurance. This includes businesses that ship and receive goods and those that repair vessels. It can offer land and sea coverage for:
- Freight forwarders
- Importers and exporters
- Marina owners
- Mining companies
- Primary producers
- Tourism operators
What does it cover?
- Cargo: loss or damage whilst transported by sea, air, rail or road from end to end
- Third party claims: legal liability for injury or property damage claims made against marina operators, yacht clubs, ship repairers, port authorities and other marine service providers
- Loss or Damage: commercial vessels, charter or tourist boats, fishing vessels, tugs or barges
- Pleasurecraft: yachts or cruisers against accidental loss or damage, theft, sinking and third-party injury for water skiers
What doesn’t it cover?
There are some Exclusions where cover is not provided and in addition, there is often a deductible/excess. Limits and Conditions also apply. Please feel free to contact us to find out more.