Hull Insurance

What is Hull Insurance

Hull Insurance covers damage to any part of the ship,cover also includes power generation units, heat and lighting units and conditioning units

Suitable for

Owner of vessel

Coverage

Perils of the seas, rivers, lakes, or other navigable waters
Fire or explosion
Violent theft by persons from outside the vessel
Jettison
Piracy (similar to violent theft)
Breakdown of or accident to nuclear installation or reactors - these refer to machinery installed in the ship as part of its propulsion mechanism
Contact with aircraft or similar objects falling therefrom, land conveyance, deck or harbor equipment or installation
Earthquake, volcanic eruption, lightning
Accidents in loading, discharging or shifting cargo or fuel
Bursting of boilers, breakage of shafts or any latent defect in the machinery of hull
Negligence of the master, officers, crew or pilots
Negligence of repairers, provided such repairers are not an assured under the policy