Articles Tagged: hull insurance

Protecting Cargo and Beyond is the Scope of Marine Insurance

Individuals and businesses engaged in trade are exposed to numerous risks, including cargo theft, damage, accidents, and natural calamities during transit. These unexpected risks can cause significant financial losses and disrupt the supply chain. Marine insurance is crucial in safeguarding cargo, vessels, and other maritime assets from these potential risks. Marine insurance has a long […]

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When to use Marine Hull Insurance?

Hull Insurance is a useful tool for those involved in the shipping industry in manners of handling ships or ocean-going platforms (oil exploration rigs etc.). Marine policies can be used by the shipowner/operator, shipping companies, shipbuilders and even the shipbreakers to cover the risks of damages to the vessel’s body and machinery or the damage […]

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What are the types of marine insurance?

There are several types of marine insurance policies available to cover the various risks associated with marine transportation. These policies mainly include Hull Insurance, Machinery Insurance, Cargo Insurance, Freight Insurance, P&I Insurance, War Risk Insurance, Builders’ Risk Insurance, Offshore Energy Insurance: Hull and Machinery (H&M) Insurance are types of marine policy that together cover damage […]

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