What is ship insurance
Ship insurance is the term used when referring to marine insurance specifically catered to ships. It is essential that all ship owners obtain the necessary marine insurance to enable them to legally operate the vessel in line with the regulations of its registered flat state. It should be noted for a vessel must be…
Do I require marine insurance
Marine insurance dates back to one of the first types of insurance available. It is a form of risk management specifically designed to safeguard vessels, owners, cargo and passengers at sea in the event of risk, damage or death. There are many forms of marine insurance available and it is…
Advantages of marine insurance
The risks faced by boats at sea are numerous and as such, the liabilities imposed on vessel owners can be financially crippling. The risks of injury or death to passengers and seamen are also high as weather conditions and vessel damage while at sea…
What is marine insurance
Marine insurance is a specific type of insurance that is used for all vessels and other marine related structures. Marine insurance is a necessary requirement and an effective form of risk management that protects yachts, ships and other maritime vehicles from dangerous or damaging circumstances at sea…
What is hull insurance
Hull and machinery insurance is one of the main forms of marine insurance and covers a range of damages on a vessels hull, machinery and equipment. Generally, hull insurance provides vessel owners with a level of confidence and…
What is yacht insurance
Yacht insurance offers protection and compensation against physical damage, theft and other inevitable risks which your yacht may face when navigating international waters. Yacht insurance is adopted by vessel owners as a form of risk management…
How can I obtain marine insurance
Marine insurance is particularly important to obtain for all vessels regardless of the operation or activity the vessel intends to engage in. Marine insurance is typically sought to cover the vessel, vessel owner…
What does marine insurance cover
Marine insurance is a type of insurance sought by vessel owners, particularly yacht and ship owners, to secure their vessel against risk and damage. Marine insurance is a requirement for all vessels to have in a similar…
