Marine trade
Comprehensive multi perils package policy
One of the key benefits of this product is that it offers comprehensive, customized coverage for liability and property, specifically designed to address the unique risks faced by businesses in the maritime sector. We provide an all in one solution covering marine and non-marine exposure.
In-house capacity
Up to $5,000,000 across Canada
The offered coverage, includes:
Property insurance
- Buildings, stock, equipment and contents
- Business interruption, in respect of deduction in turnover and/or increase in cost of working
- Earthquake, flood, sewer back—up extensions
- Handling /contractors equipment
- Marine structures – docks, piers and wharves, marine property damage including BI
Liability insurance
- Commercial general liability—non-owned auto and tenants legal liability
- Marina operators legal liability—including repairs
- Boat dealer’s legal liability and stock
- Ship repairers’ legal liability
- Protection & indemnity – third party liability for vessels and other floating structures including pollution and wreck removal
Options for goods in transit and builders’ risk are also available.
Targeted risks
Coverage loss or damage in various organizations of the marine trade industry:
Boat dealers
Dock operators and marina operators
Marinas
Stevedores
Terminal operators
Yatch clubs
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