All types of Marine Hull Insurance

TLO (Total Loss Only):

Coverage:

6.1 This insurance covers total loss (actual or constructive) of the subject-matter insured caused by,
6.1.1 perlis of the Inland rivers lakes or other navigable waters
6.1.2 fire, explosion
6.1.3 violent theft by persons from outside the Vessel
6.1.4 jettison
6.1.5 piracy
6.1.6 breakdown of or accident to nuclear installations or reactors
6.1.7 contact with aircraft or similar objects, or objects falling therefrom, land conveyance, dock or harbour equipment or installation
6.1.8 earthquake volcanic eruption or lightning
6.2 This insurance covers total loss (actual or constructive) of the subject-matter insured caused by
6.2.1 accidents in loading discharging or shifting cargo or fuel
6.2.2 bursting of boilers breakage of shafts or any latent defect in the machinery or hull
6.2.3 negligence of master officers crew or pilots
6.2.4 negligence of repairers or charterers provided such repairers or characters are not an assured hereunder.
6.2.5 barratry of master officers or crew provided such loss or damage has not resulted from want of due diligence by the assured, owners or managers.
6.3 master officers crew or pilots not to be considered owners within the meaning of this clause 6 shouId they hold shares in the vessel.

TC (Time Clauses) Comprehensive:

Coverage:

6.1 This insurance covers loss of or damage to the subject-matter insured caused by,
6.1.1 perlis of the seas rivers lakes or other navigable waters
6.1.2 fire, explosion
6.1.3 violent theft by persons from outside the Vessel
6.1.4 jettison
6.1.5 piracy
6.1.6 breakdown of or accident to nuclear installations or reactors
6.1.7 contact with aircraft or similar objects, or falling therefrom, land conveyance, dock or harbour equipment or installation
6.1.8 earthquake volcanic eruption or lightning
6.2 This insurance covers loss of or damage to the subject-matter insured caused by
6.2.1 accidents in loading discharging or shifting cargo or fuel
6.2.2 bursting of boilers breakage of shafts or any latent defect in the machinery or hull
6.2.3 negligence of master officers crew or pilots
6.2.4 negligence of repairers or charterers provided such repairers or characters are not an assured hereunder.
6.2.5 barratry of master officers or crew provided such loss or damage has not resulted from want of due diligence by the assured, owners or managers.
6.3 master officers crew or pilots not to be considered owners within the meaning of this clause 6 shouId they hold shares in the vessel.

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