Name and address of the proposer.

Occupation.

Insurance and Claims History.

Sum Insured.

Basis of valuation, cost + Freight +10% + other handling charges.

Condition of Insurance i.e. ICC ‘C’, ‘B’ or ‘C’.

Mode of conveyance.

Interest.

Mode of packaging

Other details voyage.

Q: What does Marine Hull Insurance cover?  
A: This plan covers for loss or damage to insured’s vessel or fleet i.e. hull & machinery, gear, equipment attaching to the vessel/fleet caused by Accidental damage, Perils of the sea or other navigable waters, Fire, Lightning and explosion, Theft or attempted theft following a forcible entry, Malicious Acts and Piracy.

Q: Are damages or loss as a result of War, SRCC, and Terrorism covered under this insurance?
A: No, these are excluded from this cover. but can be covered as an extension with an additional premium.

Q: What are the exclusions under this policy?
A: Some of the exclusions include- Delay, Inherent vice, Wilful misconduct of the assured, War, SRCC, Terrorism attack, Ordinary leakage, wear & tear, loss of volume, Insufficiency/unsuitability of packing, Assured being privy to the unseaworthiness of the carrying vessel at the time of loading, Insolvency or financial default of the owners/operators of the vessels, Nuclear weapon etc.