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Hull & Machinery

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  • Hull & Machinery Insurance [ Time & Voyage]
  • Protection & Indemnity Clauses -Hulls
  • Value of Hull for insurance is the market value which is to be agreed or assessed by an independent marine surveyor. The factors taken into account for premium rating of a Hull depend on the following information.
  • Type of Hull
  • Tonnage
  • Fleet or Singleton
  • Trade of the Vessel
  • Ownership / Management
  • Classification
  • Flag & Registry
  • Valuation of the Vessel
  • Past Loss History
  • Insurance Conditions offered