The marine hull insurance covers damage or physical loss to your vessel, its equipment, engines and machinery. On paying additional premium you can cover the loss and damage due to terrorism, business interruption, third party liability and many more perils. The marine hull policy is highly customizable. It can cover vessels on the oceans, within rivers or operating in ports. An extension to cover the vessel in dry docks is also possible.
The marine hull insurance policy can cover inland vessels that use inland waterways. Marine policies cover perils like fire, explosion, collision, piracy and raising, removal or destruction of wrecks.
The marine hull insurance policy covers all types of ships and vessels like ocean going vessels, coastal and inland vessels, port crafts and sailing vessels. The scope of cover includes all risks related to Hull and Machinery, floating dry docks, shipbuilding and ship-breaking risk, freight and Protection and Indemnity (P & I) liabilities.
The claim settlement under a marine hull insurance policy is detailed. Documentation must be done carefully. Any delay in claim settlement can be escalated to us through our mobile app or contact number. We will ensure that the claim documentation is complete and the claim process happens fast and hassle free