Sezal Insurance Broking Ltd.



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Products

Marine Hull Insurance

Premium

Rate depends on factors like nature of cargo, scope of cover, packing, mode of conveyance, distance and past claims experience:

Coverage

	All types of Oceangoing vessels
	All type of Coastal/Inland vessels
	Yard and pleasure Crafts
	Port Crafts
	Shipbuilding- construction of vessel
	Ship Repairers' Liabilities
	Charterers Liabilities
	Breaches of warranties / voyage cover
	Freight- at -Risks insurance for voyages
	Dredgers
	Fishing vessels / Trawlers
	Sailing Vessels
	Jetties (with or without cranes), fixed pontoons/Pontoons Jetties, wharves etc.
	Ship breaking

The policy covers perils of the seas, rivers, lakes or other navigable waters loss/damage to the property insured caused by

	Fire, explosion
	Stranding, sinking etc.
	Overturning, derailment ( of land conveyance )
	Violent theft by persons outside the vessel.
	Collision
	General average sacrifice, sacrifice, salvage charges
	Jettisons
	Piracy
	Breakdown of or accident to nuclear installations or reactors
	Contact with aircraft or similar objects, or objects falling there from, land conveyance, dock or harbor equipment or installation.
	Earthquake volcanic eruption or lightning.
	Crew Negligence.

Exclusions

The policy does not cover loss/ damage due to

	Deliberate damage/destruction of the vessel by wrongful act of any person
	Use of any weapon of war employing atomic / nuclear fission and or fusion.
	Radioactive Contamination, Chemical, Biochemical, Biological, Electromagnetic Weapons
	Insolvency or financial default of the vessel owner /operators /charterers
	War / civil war, Strike, Riot or Civil Commotion
	Any terrorist or person/s acting with political motive