Marine Hull Insurance
The hull policy covers physical damage to the hull caused by fire, explosion and other marine perils
Marine Hull Insurance
Whether a pleasure or commercial vessel, this policy provides cover for loss of or damage to the physical and mechanical structure of any hull or ship, pleasure yachts, charter boats, head boats (including their machinery, equipment, standard fittings and accessories therein). It can be on Time or Voyage basis.
What is Covered?
The hull policy covers physical damage to the hull caused by fire, explosion and other marine perils. It also covers damage to machinery and other equipment and apparatus installed on the vessel. Collision liability can be covered up to the value of the vessel. Additional coverage is available for excess collision liability and strikes, riots and war risks.
This Cover
- • Accident
- • Theft
- • Fire, explosion and earthquake
- • Storm, hail and flood
- • Salvage costs
- • Medical expenses for injuries to people caused while using the craft
- • Liability to other people
- • Storm, hail and flood
Marine Hull Insurance: Covers any hull or ship, motorboat, houseboat (including their machinery, equipment, standard fittings and accessories therein). It can be on Time or Voyage basis
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