Marine & Cargo Insurance

1. MARINE HULL

Provide guarantees for damage or loss to ships, machinery and equipment from perils of the seas and navigational perils.

B. BUILDER RISKS INSURANCE (MHI)

Provide guarantees for the risks that occur during the construction of the ship (at the shipyard) until the delivery of the ship to the owner.

2. MARINE CARGO INSURANCE (MCI)

Provide protection to the Insured (the owner of the goods being transported) from damage/loss of the goods being transported (which are being transported) as a result of a disaster that may arise as a result of:

• Accident
• Drowning or sinking
• Fire
• Explosion
• Loose train tracks
• Theft, carelessness
• Accidents while loading/unloading
• Earthquakes, volcanic eruptions and lightning