- Hull insurance covers damage or physical loss of Ships
- What it covers
- Fire & Explosion
- Stranding or sinking of vessels, loss of hire
- Collision, jettisons & piracy
- Overturning or derailment of inland vessels
- What it does not cover
- Wilful or deliberate damage or destruction of vessels
- Destruction of vessels by a weapon of war- atomic bomb, nuclear fission etc.
- Radioactive contamination, exposure to chemicals & bio-chemicals, electromagnetic fields.
- War, strikes, civil war or act of terrorism
- Optional Covers: Political Violence and Terrorism cover
- Machinery Insurance: All essential machineries are covered under this insurance and in case of any operational damages, claims can be compensated (post-survey and approval by the surveyor).
For registration of claims and to learn more about our claims process please Contact our dedicated claims team for advice on an incident/claim.