MARINE INSURANCE

We have a well-diversified marine portfolio serviced by a customer-focused team of professionals. Our Marine Dept. is equipped not only to provide you with appropriate coverage at the most reasonable price but also valuable suggestions on risk management.

  • MARINE CARGO (Specific Voyage / Marine Open Policy / Stock Throughput Policy)
  • MARINE HULL & MACHINERY
  • YACHT / PLEASURE CRAFTS
  • BUILDER’S RISKS INSURANCE
  • PORTS & TERMINALS INSURANCE
  • PROTECTION & INDEMNITY INSURANCE
  • MARINE LIABILITIES

MARINE CARGO INSURANCE

It is a policy that provides you with indemnity & financial protection for loss of or damage of cargo during transit /between the point of origin to final destination by Sea, air ,land or parcel post.

In order to ensure smooth trading operations we, at Al Sagr National Insurance Company, provide various types of Marine Cargo Insurance against such physical loss or damage to cargo.

Marine Cargo Insurance provided by us depends on various factors such as nature of the cargo, mode of packing, longevity of voyage, mode of shipment, etc.

For more details on Marine Cargo Insurance, please e-mail marine@alsagrins.ae or call 04-7028500

 

MARINE HULL & MACHINERY INSURANCE

Ship-owners who invest large amount of money in Ocean Going Vessels and Vessels operating in Coastal Waters look for apt insurance cover to protect their interest against unforeseen loss or damage caused by perils of sea and human risk factors in connection with the operation of such Vessels.

A team of experts in Al Sagr National 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 Policies.

For more details on H&M Insurance, please e-mail marine@alsagrins.ae or call 04-7028500

PLEASURE CRAFT/ YACHT INSURANCE

Yacht/pleasure Craft insurance provides indemnity liability coverage on pleasure boats. This includes liability for bodily injury or damage to the property of others and damage to personal property on the boat.

For more details on Pleasure Craft/Yacht Insurance, please e-mail marine@alsagrins.ae or call 04-7028500

BUILDER’S RISKS INSURANCE

Builder's Risk insurance policy is designed to cover a vessel from the start of construction through the final delivery to the customer.

Coverage can be placed for the builder or owner of the vessel and insures against physical loss or damage to the vessel and collision liability and protection and indemnity exposures during sea trials and delivery

The policy can be written for the construction of a specific vessel or for a builder’s ongoing construction operations.

For more details on Builder’s Risk Insurance, please e-mail marine@alsagrins.ae or call 04-7028500

PORTS & TERMINAL LIABILITY INSURANCE

Marine's Ports & Terminals Liability insurance protects companies involved in the carriage, handling or storage of cargo against legal liabilities arising out of the conduct of their business.

For more details on Ports & Terminal Handling Insurance, please e-mail marine@alsagrins.ae or call 04-7028500

PROTECTION & INDEMNITY INSURANCE

Protection and Indemnity insurance, commonly known as P&I, is insurance in respect of third party liabilities and expenses arising out of the ownership or operating of ships other than that covered under the collision clause in a hull policy. A P&I Club is typically an association of ship-owners set up to provide mutual protection and support against a range of different risks and liabilities, including personal injury to passengers and crew, damage to or loss of cargo and third-party insurance.

For more details on P&I Insurance, please e-mail marine@alsagrins.ae or call 04-7028500

MARINE LIABILITIES

  • Ship Repairer’s Legal Liability Insurance
  • Haulier's Liability Insurance
  • Freight Forwarders Liability
  • Stevedoring Liability Insurance
  • Pollution Hazard Policy / Liability Insurance for Bunkering Activities
  • Charterer’s Liability Insurance

2015 Al Sagr National Insurance Company Terms and Conditions

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