Renaissance Marine Insurance
Insure your Cargo & Shipping
Commercial hull insurance provides cover for vessels used for commercial purposes. This includes vessels used in the deep sea fishing industry or, for instance, vessels being used for charter. The policy provides a variety of cover from all risk through to total loss cover, including items such as machinery breakdown, special equipment and collision liability.
Local transit within the boundaries of the country not associated with an import or export, which are generally conveyed by independent carriers. Cover starts from the time of loading the goods, whilst in transit, unloading of goods and any points of storage in between. Cover will continue should the goods not be accepted at the final destination.
A policy can be arranged providing comprehensive cover for all types of private pleasure craft. Cover can be arranged for small sailing dinghies through to ocean going yachts and catamarans, as well as power crafts, such as wet bikes, rubber ducks and ski boats. Cover for special equipment, like fish finders, skiing equipment and fishing equipment, can also be arranged.
Goods transported by sea can be covered from point of departure to final destination. Whether the goods are conveyed in a full container (FCL), Free on board (FOB), or break bulk (BB). Cover includes General Average.
Marine Advance Loss of Profits
The policy caters for loss of gross profit and an increased cost of working following the loss of, or damage to, imported critical equipment covered by a marine cargo policy.