Marine

We Cover

  • Any loss or damage to ships tankers bulk carriers smaller vessels fishing boats and sailing vessels.

Who can Insure ?

  • Owners or bankers of ships or vessels.

What is Insured ?
The various vessels that are covered under this policy are :

  • Fishing Vessels
  • Ocean Going Vessels.
  • Sailing Vessels.
  • Other Vessels .

Insured against what Risks ?
The policy covers loss/damage to the property insured due to:

  • Fire or explosion; stranding sinking etc.
  • Overturning derailment ( of land conveyance).
  • Collision.
  • General average sacrifice salvage charges.

What is not Insured ?
The policy does not pay any loss/damage caused by attributable to due to

  • Deliberate damage/destruction of the vessel by wrongful act of any person
  • Use of any weapon of war employing atomic / nuclear fission and or fusion
  • Insolvency or financial default of the vessel owner / operators / charterers.
  • War / civil war Strike Riot or Civil Commotion.
  • Any terrorist or person/s acting with political motive.