Marine
Full Marine insurance covers – the Club adds its specified clauses to ensure a comprehensive cover for the member.
Hull and Machinery (H&M)
Protects the assured’s financial interest in the vessel, its machinery and equipment by covering physical loss of or damage to the vessel, including repair costs, as well as compensation in the event of an actual or constructive total loss.
Increased Value (IV)
These insurances protect capital value, earnings and freight interests that may otherwise remain uninsured in the event of a total loss.
Loss of Hire
Protects the assured against loss of income when a vessel is taken out of service as a result of damage recoverable under the Hull and Machinery policy.
