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Boat Helm

Marine Hull Insurance

Marine Hull Insurance provides protection against damage or loss to ships, engines and equipment from marine hazards and navigational perils.

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Marine Hull guarantees the following risks:

  • marine hazards such as bad weather, drowning, collisions etc. (perils of the seas)

  • fire, explosion

  • violent theft

  • marine cargo disposal (jettison)

  • piracy

  • collision with an airplane

  • earthquake, eruption, volcano, lightning strike

  • negligence of the captain and crew

  • rebellion or forced takeover by the captain and crew

  • legal liability due to ship collision (Collision Liability)

  • General Average and Salvage contributions

  • rescue costs

 

There are 3 guarantee options that can be tailored to the needs of the client:

  1. Clause 280 (comprehensive or full navigational perils)

  2. Clause 284 (Total Loss + GA and ¾ Collision Liability)

  3. Clause 289 (Total Loss Only)

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