Marine Hull and Machinery Insurance

Insurance of vessels of any size, type and value; in operation, under construction or repair

What can be insured?

hull

ship mechanisms

machines and equipment during their use

losses resulting from total loss of a ship

losses resulting from disappearance of a ship

losses, expenses and charges resulting from the shipwreck

necessary expenses incurred for the salvage of a ship

necessary expenses incurred to prevent or mitigate losses and determine their amount

expenses incurred to repair damages caused to the hull, mechanisms, machinery, equipment

What does the insurance cover?

Which types of vessels may be insured?

marine;
river;
small vessels (yachts and motor boats etc.).

Insurance Terms

The sum insured is set within the value of the vessel as of the date of taking out an insurance policy.

The insurance policy is taken out for minimum 12 months.

Coverage territory: World Ocean, excluding U.S. territorial waters.

The price of the policy is affected by:
-list of insurance claims,
- the size of the sum insured,
- the type of vessel,
- the period of validity of the policy.

We offer two options of insurance coverage:

Liability for the damage and total loss of a ship
Liability for the total loss of a ship

What do I need to take out a policy?
- ship registration certificate;
- technical specification datasheet for watercraft;
- passport and taxpayer identification number.

Have questions or want to know the cost?

Fill out the form and we will respond within a day.

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