Insurance of small vessels, boats, yachts
INGO insurance coverage for shipowners in case of loss or damage to the vessel, its hull, propellers, engine and other equipment, and in case of civil liability of the owner for damage caused to life, health and property of third parties during the operation of the vessel
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Types of insurance coverage
Send a requestHull, engine and machinery (H&M) insurance covers:
- Losses due to the total loss of the vessel (actual or constructive)
- Costs of repairing damage to the hull, mechanisms, machinery and equipment of the vessel
- Losses caused by unlawful acts of third parties
- Expenses for salvage of the vessel and prevention, reduction of losses or determination of their amount
Shipowner's liability insurance (P&I) covers:
- losses of owners of small vessels, yachts and boats, as a result of damage caused to property, life and health of third parties
Maritime risks
Insured
Protection against risks
Insurance of hull, engines and equipment (H&M)
- Collision with another vessel
- Collision with bunkers, bridge piers, moorings, etc
- "Piling up" on sunken objects
- Running aground
- Fire on the vessel
- Unlawful acts of third parties (theft, hijacking, vandalism)
- Difficult meteorological conditions (storm, hurricane, etc.)
Shipowner's liability insurance (P&I)
- Collision with another vessel or floating object
- Collision with fixed (non-floating) structures and objects
- Pollution of the environment
- Damage to human health
- Costs of removing the remains of a shipwreck, etc
- Expenses for prevention, reduction of losses or determination of their amount
Benefits of insurance in INGO
Experience and compliance
Many years of experience in marine risk insurance. The insurance contract complies with both the terms of the current legislation of Ukraine and international marine insurance regulations
Reliable protection
Extensive insurance coverage and cooperation with leading reinsurance companies in Western Europe and Lloyd's markets, which guarantees compensation for losses
Optimal insurance conditions
The ability to adapt insurance programs to the specifics of your vessel's operation and select the best insurance contract terms for you.
Additional risk coverage
Send a requestIn addition to the main list of risks, you can insure against them:
- Risks during transportation, as well as during launching and lifting to the slipway
- Risks of theft or loss of the outboard motor
- Participation of the yacht in sports competitions and regattas
- Insurance for the period of construction (including sea trials)
- Crew members against diseases (medical insurance) and accidents
The level of financial stability of INGO
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outlook - «Evolving»
8.12.2023
outlook - «Evolving»
8.12.2023
Frequently asked questions
In this section, we have collected the most frequently asked questions from our clients. If you do not find the information you are interested in, please use the feedback form.
What documents are required to apply for a policy?
Who can enter into an insurance contract?
What class of vessels are subject to insurance?
What are the minimum requirements for a vessel to be accepted for insurance?
Who can act as a beneficiary under the agreement?
What territory does the insurance cover?
Is it possible to cover war risks?
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For more information on insurance services, you can contact our expert or send a request using this form.
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