{"id":735,"date":"2023-09-22T08:24:27","date_gmt":"2023-09-22T08:24:27","guid":{"rendered":"https:\/\/alaininsurance.com\/live\/?page_id=735"},"modified":"2023-10-06T12:24:28","modified_gmt":"2023-10-06T12:24:28","slug":"marine-insurance","status":"publish","type":"page","link":"https:\/\/alaininsurance.com\/live\/insurance-corporate\/marine-insurance\/","title":{"rendered":"Marine Insurance"},"content":{"rendered":"\t\t
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Marine Insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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We are experienced in insuring various types of Marine & Aviation risks like Marine Cargo, Hull and Machinery, Aviation & Marine Insurance Related Liabilities<\/p>

We work in the interests of our clients protecting their assets from losses, developing insurance covers that correspond to their needs and requirements.<\/p>

Classes Of Insurance<\/h4>
  • Marine Cargo Insurance<\/li>
  • Marine Hull Insurance<\/li>
  • Marine Liabilities<\/li><\/ul>

    Marine Cargo Insurance<\/h4>

    When goods are moved during the normal course of business, there is always a need for Marine Cargo Insurance. It covers the risks involved in transporting goods by Ocean Vessel, Aircraft, Barge, Rail, Truck or any other mode of transport. Our Marine Cargo Insurance products provide protection for goods being transported, indemnifying the Insured for physical loss or damage that results from an insured peril as per Institute Cargo clauses.<\/p>

    Marine Cargo Insurance provided by us depends on various factors including but not limited to nature of the cargo, mode of packing, longevity of voyage, mode of shipment, value of cargo.<\/p>

    What Cover We Offer?<\/h4>

    Insurance Protection against Physical loss or damage to Cargo in transit by Sea, Air and Land as per Institute Cargo Clauses<\/p>

    Who Is The Insured?<\/h4>

    Any person who has an insurable interest in a shipment, and who would suffer a financial loss should the cargo be damaged or destroyed or would benefit from the safe arrival of the cargo, has a need for Marine Cargo Insurance.<\/p>

    What Is Insured?<\/h4>

    Subject to Agreed values and limits our insurance services include the following : \u2013<\/p>

    • Cargo shipped within various locations, whether by land, sea or air<\/li>
    • Freight Forwarders Liability Insurance & other Marine liability insurance can be provided upon request.<\/li><\/ul>

      Open Policy<\/h4>

      Open Policy is usually issued for shipments within various locations. It is a continuous contract effected for a limited period of time and renewable upon mutual agreement.<\/p>

      Single Shipment\/Individual Policy<\/h4>

      This policy is valid for a single cargo shipment.<\/p>

      Marine Hull Insurance<\/h4>

      Commercial vessels involve a variety of crafts, operating worldwide. We insure Fleet of vessels against the physical loss and damage to Hull & Machinery and Collision Liability arising out of the ownership and\/or operation of vessels as per Institute Hull Clauses.<\/p>

      A team of experts in Al Ain Ahlia Insurance Company well equipped to handle this very specialized type of insurance, perform pro-active consultancy role to our clientele and indicate the best available coverage alternatives to help them arrive at an appropriate decision regarding Marine Hull & Machinery Insurance Coverage.<\/p>

      Types Of Vessels In The UAE Market :<\/h4>
      • Ocean-going Vessels<\/li>
      • Tugboats and Towing Vessels<\/li>
      • Coastal Trading Vessels<\/li>
      • Barges<\/li>
      • Port Fleets, Port and Harbor Work Boats<\/li>
      • Dredgers normally used for harbor maintenance and construction work<\/li><\/ul>

        What Cover We Offer?<\/h4>

        Subject to agreed limits and values, we can offer Insurance cover as follows : \u2013<\/p>

        • Physical damage to the vessel\u2019s hull, machinery and installed equipment.<\/li>
        • Increased value (I.V.)<\/li>
        • Sue and labor expenses (expenses to avert or minimize a loss)<\/li>
        • Vessel\u2019s proportion of general average and salvage charges<\/li>
        • Primary Collision Liability and legal expenses<\/li>
        • War, Strikes and Related Insurances<\/li>
        • Protection & Indemnity Cover<\/li><\/ul>

          Who Is The Insured?<\/h4>
          • Vessel owners<\/li>
          • Vessel operators and managers<\/li>
          • Parties who have insurable interest in the subject matter insured.<\/li><\/ul>

            A standard set of \u201cInstitute Time Clauses\u2013 Hull\u201d is normally used to cover commercial vessels.<\/p>

            Coverage can range from \u2018Hull & Machinery\u2019 and Total Loss as per London Market institute time clauses depending upon the needs of our clients and risk evaluation. The insurance coverage is on an Agreed Value basis.<\/p>

            Premium will be charged appropriately depending on various factors including but not limited to Classification, Year Built, Type of Hull, Amount to be Insured, Management, Loss record.<\/p>

            Customer satisfaction is our motto, which you will, no doubt, experience through our dedicated service.<\/p>

            Marine Liabilities Insurance<\/h4>

            Various types of Marine Liabilities Insurance up to agreed Limits can be provided upon request.<\/p>

            Claims Service<\/h4>

            Fast and pro-active claims handling team at your service.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t

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