I N S U R E N
info@tradelinksins.com. +968 24816999

Office Address

  • Trade Center Building, 6th Floor, Next to Atlas Medical Center, Way No.4201, NearSheraton Hotel
  • info@tradelinksins.com
  • +968 24816999

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Hull Insurance

Service Details

Hull Insurance provides comprehensive coverage for the physical structure (hull) and machinery of a vessel against maritime risks. It protects shipowners from financial losses resulting from perils such as collision, grounding, sinking, fire, explosion, or piracy.
This insurance is essential for shipowners and operators, ensuring that damages to vessels are repaired or compensated promptly, maintaining smooth business operations and minimizing financial disruption.

Frequently Asked Question

Q:What does Hull Insurance cover?
 
A:It covers physical damage or total loss of the insured vessel and its machinery caused by maritime perils like collision, fire, explosion, sinking, and piracy.
Q. Who should have Hull Insurance?
 
A: Shipowners, charterers, and operators of commercial or private vessels should have Hull Insurance to safeguard their investments and operations.
Q:Does Hull Insurance cover crew or cargo?
 
A: No. Hull Insurance only covers the vessel and its machinery. Crew and cargo must be insured under separate policies such as Crew (P&I) or Cargo Insurance.

Service Included

  • Hull & Machinery Damage Coverage
  • Collision Liability Coverage
  • Salvage & Recovery Costs
  • Optional Extensions