Hull & Machinery Insurance

Hull & Machinery Insurance provides financial protection for the physical damage or loss of a ship’s hull and its machinery. It covers risks such as accidents, collisions, grounding, fire, and piracy, helping ship owners recover costs if their vessel is damaged or destroyed. This insurance ensures that the vessel can be repaired or replaced, minimizing financial loss and helping the ship return to service efficiently. It’s a vital safeguard for maritime businesses, offering peace of mind against the unpredictable hazards of operating in marine environments.