This type of insurance provides coverage to ships and/or other moveable waterborne properties. There are several variations within this cover including: loss or damages to the Hull due to perils such as: fire, piracy and other sea perils as well as liabilities for collision and indemnity coverage.
Other policies available under this class include Ship Repairer Liabilities, Builder Risk, Charterer’s Liabilities, Crew, Personal Accident Cover etc.
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This is a policy which covers cargo whilst it’s in transit through air, sea or land, this includes protection during intermediate storage
Specifically focused on pleasure and recreational crafts, boats and yachts, the variations on this type of insurance cover include: loss or damages to the Hull due to perils such as: fire, piracy, other sea perils and liabilities for collision or as well as indemnity coverage.