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Marine Liabilities

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  • Haulier’s Liability
  • Freight Forwarder’s Liability
  • Marina Operator’s Liability
  • Ship Repairers Liability
  • Stevedores / Charter’s Liability

Factors considered for fixing premium are based on annual gross receipts, limit per conveyance, policy aggregate limits & sub limits; carrier’s operating efficiency, past loss history and jurisdiction. A minimum deposit premium is usually charged which will be subject to adjustment at expiry of insurance contract at an agreed rate on actual annual haulage [gross receipts] achieved.