Marine Insurance

 

Provide Guaranteed Compensation for the risks of damage to the insured goods, both of which transported by sea, air or land to place the purpose, Consists of:

 

MARINE CARGO POLICY

Insurance that covers the risk of carriage of goods by sea to a one-way policy is also as a single policy.

 

MARINE CARGO OPEN COVER

Insurance that covers the risk of carriage of goods by sea within a specified period of at least a year, this policy usually used in a project.

 

HULL & MACHINERY INSURANCE

Covering loss and/or damage to hull and machinery and provides guarantee on legal liability to third parties. Marine Hull

Insurance Products are:

• TIME POLICY

       Insurance that covers the risk of vessel operation within a specified period, usually a year since the ship sailing, docking and lay-up.

• BUILDER RISKS INSURANCE

       Ship Building insurance covers the risks during the building process ,from material arrived at the location of ship construction until            finished, whenlaunching, sea    trials and delivery.

 

Protection and Indemnity (P&I Coverage)

Provide insurance coverage against third party liability in respect of loss and/or damage and Bodily Injury and/or Crew Liability due to the operational of the Vessel.