Marine Hull Insurance


Marine industry is susceptible to distinct kinds of risks compared to other industries. This is the reason why there is a separate policy that takes care of the property as well as the liability risks arising in this sector. These specifically designed policies cover damage to vessels caused by theft, collision, sinking and other hazards. Marine Hull insurance provides cover to rafts, supplies, lifeboats, furniture, stores, boilers, electrical machinery, generators, motors and other physical equipment required to operate a ship such as:

• Oil and gas tankers
• Container ships
• Fishing vessels
• Passenger’s vessels
• Yachts
• Pleasure crafts
• Bulk carriers
• Tugs and barges
• Energy support vessels
• Towboats
This insurance can be extended to an entire fleet as well.

Chat with our competent advisors to get a quote to cover this important business asset.