Hull - Increased Value

What we offer

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.

Up to US $37,500,000

How can we help

Additional amounts covered following total loss of a vessel.

Who we can help

Shipowners

WHERE IS THIS OFFERED?

Worldwide

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.