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What it covers

  • Loss of, or, damage to any other vessel or property caused by insured vessel
  • Death, personal injury, or illness to the third party
  • Loss of, or, damage to any vessel or craft in your care, custody, or control
  • Tenant’s liability
  • Premises risks
  • Car park liability
  • Pollution
  • Damage to cargo and lost cargo

What it does not cover

  • Loss or damage due to wilful act of negligence and misconduct
  • Loss or damage due to delay
  • Loss or damage due to improper packing
  • Financial default or insolvency of owners, charterers, managers, or operators of the vessel
  • Loss or damage due to wire, strike, riot, and civil commotion
  • Loss or damage arising from the use of nuclear fission, weapon, or any other radioactive force
  • 1/4th of collision damage
  • Removal of wreck
  • Contamination due to radioactive rays
  • Attack or damage from biological, biochemical, chemical, or electromagnetic weapons