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ABOUT SSL CERTIFICATES
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Any loss or damage to ships, tankers, bulk carriers, smaller vessels, fishing boats and sailing vessels.

Who can Insure ?

 

Owners or bankers of ships or vessels.

What is Insured ?

The various vessels that are covered under this policy are :

  • Fishing Vessels
  • Ocean Going Vessels
  • Sailing Vessels
  • Other Vessels

Insured against what Risks ?

 

The policy covers loss/damage to the property insured due to:

  • Fire or explosion; stranding, sinking etc.
  • Overturning, derailment ( of land conveyance)
  • Collision
  • General average sacrifice, salvage charges

What is not Insured ?

The policy does not pay any loss/damage caused by, attributable to, due to

  • Deliberate damage/destruction of the vessel by wrongful act of any person
  • Use of any weapon of war employing atomic / nuclear fission and or fusion
  • Insolvency or financial default of the vessel owner / operators / charterers
  • War / civil war · Strike, Riot or Civil Commotion
  • Any terrorist or person/s acting with political motive

 

Note

 

Particulars of cover, liability and exclusion given above are not complete or exhaustive.

Our nearest branch office may be approached for complete details.

Related Policies

 

Marine Cargo Policy

 

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