Marine Insurance is designed to provide coverage against damage or loss to boats and freight, as well as storage of goods andgoods whilst in transit. This product of insurance is suitable for businesses that operate commercial vessels, watercraft, transport freight, or run a marina, such as:
- Freight forwarders
- Importers & exporters
- Marina owners
- Mining companies
- Primary producers
- Removalists
- Tourism operators
- Wholesalers
Depending on your business operation and what type of coverage you need, marine insurance can cover you for:
- Goods carried from point of collection to end point of distribution, either by sea, air, rail, or road.
- Bodily injury and property damageto third parties arising from your services.
- Accidental damage, theft, sinking, property damage, and even third-party injury for water skiers on pleasure crafts such as yachts or cruisers.