Solution
Fishing Vessels P&I
A tailored product in combination with our 24/7 worldwide available assistance provides business continuity in an uncertain world.
Your fishing vessel is your income, and your income needs to be protected. Our tailored Fishing Vessel P&I cover does exactly that.
Tailored insurance Every fishing vessel is different. Our specialist underwriters can build a bespoke product to your unique specification. This policy is specifically designed for owners of fishing vessels, anywhere in the world.
Cover can be divided into the following main areas:
Costs and expenses arising from your legal liabilities to third parties caused by your fishing vessel, but also caused by crew members are covered, including personal injury claims, collision or pollution.
The owner of a fishing vessel is responsible for the care and safety of hired crew. Medical costs, sick pay, the costs of repatriating an injured crew member, hiring a replacement as well as compensation costs arising from illness, permanent injury and death are covered. In the event your fishing vessel has to return to shore to land a sick or injured crew member, the extra costs resulting from the deviation are also covered.
Liabilities resulting from damaging nets or gear of others are covered.
- Personal effects of crew:
Loss of personal effects of your crewmembers are covered.
Wreck removal costs following the loss of your vessel are covered.
Contractual liabilities:
We can cover liabilities resulting from contracts with terminals, yards, ports, and any other product or service providers.
Accidental breaches of immigration, smuggling or pollution laws are covered. Client Service All our policies are designed to your bespoke needs by market leading underwriters and supported by a round-the-clock claims team. We also provide Loss Prevention Services to help in reviewing contracts, negotiating terms or migrating situations to help avoid potential claims.
