Marine Insurance

Marine Insurance is a contract of indemnity; the amount recoverable is measured by the subject matter of contract. The policy could be made for Cargo, Hull or Liability.

Marine Cargo Insurance is risk protection provided to the insured for loss or physical damage to merchandise or goods while in transit. Marine Hull Insurance on the other hand covers loss or damage to hull and machinery due to heavy weather, fire, lightning, explosion, grounding, stranding, collision, machinery damage, ranging, piracy, barratry, sue and labour. Protection & Indemnity and other marine liabilities, shipyards, ship builders specific policies also exist and are readily deployed by our team.

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