Marine & Aviation Marine Liabilities
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.