Marine Hull

This type of Insurance provides covers against loss and/or damage to vessels/ ship’s hull and types of machinery, materials, and other equipment of the vessel, including collision/TPL risks.

The ship hull insurance policy covers marine risk, which arises from navigation. It also covers the dangers of the sea, such as ship sinking, stranding, and maritime collision due to bad weather conditions. It also covers threats at sea, such as fire, explosion, theft, and piracy.