Marine Hull Insurance

Introduction

Marine Hull insurance may be effected by the owner of vessels, charterers under charter party and/or financial institution and any parties acquiring the insurable interest on the vessels.

Type of Cover Available

1) On Hull and Machinery
2) Increased Value and disbursement
3) War Risks
4) Loss of Hire
5) Mortgages Interest
6) Shipbuilder and Repairer Insurance

Scope of Cover

• Institute Time Clauses - Hulls 1.10.83
• Institute Time Clauses - Hulls Total Loss, General Average and 3/4ths Collision Liability (including salvage, Salvage Charges and Sue and Labor 1.1.0.83)
• Institute Time Clauses - Hulls Total Loss Only (Including Salvage, Salvage Charges, and Sue and Labor) 1.10.83
• Institute Time Clauses - Hulls Disbursements and Increased Value (Total Loss Only, including Excess Liabilities)
• Institute War and Strike Clauses
• Institute Time Clauses - Hulls Port Risks 20.5.87.
  Or
• Institute Protection And Indemnity Clauses Hulls - Time 20.7.87
• Institute Yacht Clauses

For further information about this product, please contact our nearest branch and our customer service staff will gladly assist you.