MARINE AND AVIATION

Many of our clients have requirements to cover the products they send or intend to receive. This can be covered by a cargo insurance including inland transits, loading, unloading as well as warehousing. These products can be sent or originate from various parts of the world. We can also arrange cover for ship builders, ship owners as well as players in aviation industry. If a contractor builds or repair an airport runway, we would also be able to arrange aerial liability for him or her.




TYPES OF POLICIES


MARINE CARGO BY SEA, AIR, POSTAL, COURIER, RAIL

The aim of Marine Cargo by sea, air, postal, courier or rail is to provide a comprehensive cover against most of the risks (subject to exclusions) during the transportation of goods.

Normally we tailor coverage to suit our clients’ need during the movement of goods from one warehouse / port / town / country to another. All mode of transport be it by sea, air or land are covered.

What is important is the worldwide risk management, inspection, claims handling services that our insurers can provide.

MARINE HULL INSURANCE

This Policy offers basic coverage for loss of or physical damage by accidental means, theft, negligence in operation or by fire to the hull, engine, machinery, special equipment (such as life jackets, fishing gear, radios, torch lights) and personal effects (e.g. Binoculars). Additional coverage can also be offered for trailers, damage to vessel whilst in transit on land, dropping/falling off of outboard engines, accidents with third parties vessels, legal liability in respect of bodily injury, property damage, accidents to third parties and passengers, water skiers etc.

We can arrange coverage for Hull and Machinery including all risks, or limited cover including war risks. We or our partner insurers have experience in covering offshore and support vessels, brown water hull, yachts and pleasure craft. As well as that, we can also arrange coverage for the construction of vessel (builder’s risk).

Third party liability cover on a standalone basis will also be considered.

AVIATION HULL RISK INSURANCE

This type of coverage protects aircraft operators against physical loss/damage to aircrafts that are being operated under their control at the time of loss. The insurance policy will cover the aircraft for the agreed value stipulated in the policy. Unless the loss is adjusted as a "Total Loss," there will be a self-insured deductible applicable to any subsequent hull claims.

AVIATION LEGAL LIABILITY INSURANCE

In the event of an aircraft accident causing bodily injury to passengers on board the aircraft, aircraft owners and/or operators have a legal liability towards any temporary/permanent bodily injury suffered by the passengers. Aircraft owners and/or operators also have liability towards compensation awards to relatives of deceased passengers and third parties arising from the accident. Normally, the level of compensation is awarded by a court of law in the country where the passenger is domiciled.