Marine Insurance
An insurance product that guarantees loss, damage and liability to the vessel frame, goods and/or interest trasported or underwritten.
Marine insurance i.e :
- Marine Hull Insurance;
Guarantees loss and damage to the frame and engine of the vessel caused by marine hazard, fire, explosion, robbery, and etc. - Insurance of the transport of objects or goods;
Guarantee loss, damage and liability for the goods and/or interest insured. - Insurance that provides protection to vessel owner, operator, tenant of legal liability to third party.
Guaranteed risk :
- Fire or explosion.
- Vessel ran aground, stranded, sunk and capsized.
- Land conveyance, upside down or off the rails.
- Vessel collision or with other objects except water.
- Unloading of goods at the emergency port.
- Earthquake, tsunami,volcanic eruption or lightning strikes.
- Waves swept away to sea.
- Entry of seawater, lake water or river water into conveyance, vessel, container, box car or off-site storage or land conveyance.
- Thrown and fell into the sea during loading or unloading of goods from the vessel.