Marine Insurance
Despite thorough and meticulous planning no one can foresee the challenges and difficulties faced during transit; whether they are in form of natural calamities, accidents, intentional harm or anything else. This is where Marine Insurance comes in; to ensure that the vessel carrying your valuable cargo finds safe passage without you worrying about any of the perils.
Why Adamjee Engineering Insurance
• Strong treaty based overseas vessel hull insurance
• Coverage of International marine cargo trait other then Pakistan as well
• Coverage Demolition voyage in Pakistan
Adamjee Insurance offers coverage for the following:
MARINE HULL
This policy covers losses / damages to the shell and machinery of the vessel caused by maritime perils.
MARINE CARGO
Marine Cargo caters to losses /damages pertaining to cargo / freight carried on the vessels. We provide all risks coverage as well as policies covering limited risks depending upon the needs of our customers.
MARINE UMBRELLA
Marine Umbrella Liability is a broad spectrum cover offering protection against liabilities to shipping / logistics and transport related companies.
BENEFITS AND COVERAGE
MARINE HULL COVERAGE
This insurance policy covers the following perils, loss and damages:
• Perils of the seas, rivers, lakes or other navigable waters.
• Fire and explosion
• Violent theft by outside persons: Jettison or Piracy.
• Contact with land conveyance, dock or harbor equipment or installation.
• Earthquake, Volcanic eruption or lightning.
• Accidents in loading, discharging or shifting cargo or fuel.
• Bursting of boilers, breakage of shafts or any latent defect in the machinery or hull.
• Negligence of Master Officers, Crew or Pilots.
• Negligence of repairers or charterers.
• Barratry of Master Officers or Crew Contact with aircrafts, helicopters or similar objects, or objects falling there from.
• Salvage charges when general average is declared.
MARINE CARGO COVERAGE
Our marine cargo insurance covers different risks depending upon the type of coverage sought by our customers.
The policy provides:
• Protection against ?All Risk? for loss and damage to cargo resulting from a fortuity during transit by sea, air, road and rail
• Restrict coverage depending upon customer need other then all risk for transit by sea, air, road and rail
MARINE UMBRELLA
This insurance could be of substantial benefit to:
• Ship or vessel Operators
• Freight Forwarders, Road Transport Operators, NVOC, Railway Operators, Carriers by Air, Ware house Depot operators
• Ship agents, Brokers and the services associated with shipping transportation
• Terminal Operators, Stevedores Operators, Operators of Container/Trailer, Storage and Repairers
• Port Harbors or Port Authorities
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