Vessel insurance policies vary in nature, but there are common sections in a vessel insurance policy. These sections are Hull Insurance, Protection & Indemnity Insurance, and Medical Payments. We will explain them in details below. All policies are different and are subject to definitions, terms, conditions, exclusions, and limits contained in the actual written policy and endorsements to that policy.

We work as an independent insurance agency and have therefore access to a wide variety of vessel insurance policies through various insurers, such as Lloyd’s of London, Ace, Chubb to mention a few.  Read More…

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