Increased Value

Additional indemnnity is provided to that provided for under the insured's hull and machinery policy following total loss of the vessel.

We will pay these losses

Value over and above that covered under the hull and machinery policy in the event of total loss. Coverage would not usually exceed 25% of the value stated in the hull and machinery policy. All subject to the terms and conditions of the actual policy.

Limits available

Up to US $37,500,000

Target market

Shipowners

Key territories

Worldwide

To offer a quotation, we require fleet details, the coverage required and a claims record.