Marine Hull Insurance covers loss or damage to a marine vessel, charter vessel, tug boat, barge or small work boats operating within the Australian coastline.
The policy includes cover for your legal liability due to injury of others or damage to their property. The policy can include cover foraccidental damage, theft, salvage costs, latent defect, sinking, impact, malicious damage, equipment and accessories.
The following are examples of available benefits:
Covers loss or damage for personal effects owned by you and your crew.
Covers damage to passengers personal property following an accident.
Return to Base Cover
Covers the cost of towing the vessel in an emergency to the nearest place where repairs can be made.
Removal of Wreck
Covers the reasonable cost of removal or recovery of the remains of the vessel if it is damaged or sinks.
Covers the cost of cleaning up an accident site and/or physical damage to property caused by accidental discharge, leakage of oil, petroleum products or sewerage.
Covers sudden and unforeseen loss or damage to your vessel’s motor or refrigeration.
Crew Accident Cover
Covers the death, temporary or permanent disablement of paid skipper and crew members.
Loss of Hire/Income
Covers the loss of income as a consequence of the vessel being partially or totally unable to earn an income due to loss or damage.
Reviewing your cover with your insurance advisor will help you determine which sections of the policy you require to ensure you are correctly covered.
Find out what Austbrokers Countrywide can do for you.
For an obligation free insurance review, talk with one of our specialist brokers today to find out more.