![]() Marine Aviation and Transit insurances are concerned with the protection of world trade. If cargo is the lifeblood of trade, then ships, aircraft and vehicles represent the heart, which pumps the cargo from country to country. Specialist knowledge is absolutely essential in coping with the demands imposed by the complexities of the technological advance in the field of transportation. Moreover, there are special legal implications involved, particularly as concerns third parties. Through our international network we can provide a complete service in virtually every country in the world. We will also arrange insurance protection for your Pleasure Crafts. Marine Insurance Marine insurance will include the insurance of hulls, the cargo they carry, liabilities that may devolve upon ships and ship operators, known as “protection and indemnity” and also the insurance of wharves, ports and harbours, container terminals and even oil platforms and drilling rigs. Cargo Insurance This is usually covered under a Marine Insurance policy, whether for domestic or international journeys, by sea, air or land. There are three internationally recognised types of cover, known as ‘Institute Cargo Clauses A, B and C’. These have replaced three old covers with antiquated wordings known as All Risks, With Average (WA) and Free of Particular Average (FPA). Hull insurance Ships or “Hulls”, like cargo, are insured under marine insurance policies usually based on “Marine Institute Clauses”. In the case of ships, the normal basis of cover is Institute Time Clauses – Hulls. The Institute Clauses are complicated, old-fashioned wordings which, though often difficult to understand by the layman, have been subject to numerous legal precedents and the extent of the liability of insurers in almost all situations has been firmly established. Aviation insurance Transit Insurance |



