Marine General Liability • Ship Repairers Legal Liability • Charters Legal Liability • Excess P&I • Bumbershoots • Marine Contractor Insurance
The subject matter is insured for a stated period of time, covering all risks from perils of the sea, pursuing any course. The policy is effective on the date of departure and terminates upon arrival at the port of destination, typically for a period not to exceed one year.
A combination of Voyage and Time policies, covering the risk during a specific voyage and/or a specified time period.
Tied to agreed-upon values of business, physical and or loss liability factors.
Specifies a maximum value limit, when specific values cannot be determined at the start of the policy. Valuation of cargo may rise or fall before or during shipping. During longer voyages, shipping of commodities traded on public exchanges or subject to
Specifies the amount of coverage without or before determining the specific ship, port of departure, length of time or port of delivery. Used to cover goods which may be transferred from ship to ship before reaching their destination. This allows for shippers to negotiate terms