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Ancillary Covers

Marine Kidnap & Ransom

The insurance provides Kidnap & Ransom cover for ship’s crew in the event of an act of piracy on a worldwide basis. It extends both to the financial loss suffered following a seizure by Pirates as well as the arrangements of experts handling the negotiations, Ransom delivery and safe recovery of crew.

Crew Personal Accident

An Accident and Illness policy for ship’s crew, covering Death due to Accident, Permanent Total Disability, Permanent Partial Disability, Medical Expenses, Repatriation and Replacement expenses. It is commonly used as a P&I Crew Deductible cover.

Marine Delay/Trade Interruption

Can be used as an ancillary cover to the main Marine Insurance policies (H&M/LoH/P&I) covering time lost following a ship related and/or shore side peril.

Professional Indemnity Insurance

The insurance provides cover in the event of a claim being brought forward as a result of losses suffered due to negligence or error and omission of the assured.

Buy Back Deductible

A cover that increases the total amount reimbursed to owners in the event of a claim by reducing the applicable Hull and Machinery Deductible.

Shipseize

Indemnifying loss of earnings and/or additional expenses resulting from illegal goods and/or people. It can be extended to cover loss of earnings in the event of quarantine, injury, sickness, death or infestation, illegal and unauthorized actions of officers  and crew, actions of environmental pressure groups, saving life, wrongful arrest following commercial dispute as well as following damage to cargo.