MARINE INSURANCE
Hull Insurance
Hull Insurance is an insurance that provides coverage for physical damage to a vessel or boat caused by a range of perils such as collisions, fire, explosions, piracy, and natural disasters like storms or hurricanes. Additionally, some ports and marinas require proof of Hull Insurance before allowing vessels to dock, making it a vital aspect of any boating or marine business.
Public Indemnity Insurance
Public Indemnity Insurance (PII) is an essential type of insurance that provides coverage for legal liabilities arising from accidents or incidents that occur in connection with a business’s operations. Businesses of all sizes can be exposed to potential claims, which can be costly and have a significant impact on the financial stability of a business. PII helps to mitigate these risks by providing financial protection in the event of claims made against a business, including legal costs and compensation payments.
Acts and Conventions
Acts and conventions are essential in the maritime industry to ensure the safety of ships and their crew, and to protect the environment. Compliance with these conventions is not only a legal requirement but also a crucial element of risk management. By complying with acts and conventions, shipowners and operators can help to mitigate risks, ensure the safety of their crew, and reduce their potential liability in the event of a marine incident.
Marine Cargo Insurance
Marine Cargo Insurance is an essential type of insurance that provides coverage for goods transported by sea, air, or land. Cargo can be exposed to a range of perils during transit, including damage, theft, and loss. Marine Cargo Insurance helps to mitigate these risks by providing financial protection in the event of loss or damage to goods during transit. This type of insurance can also cover other expenses such as salvage, general average contributions, and legal costs.
Carrier Liability Insurance
Carrier Liability Insurance provides coverage to carriers, such as shipping companies or trucking firms, for their legal liabilities arising from loss or damage to goods in their care, custody, or control. Carriers face significant financial risks when transporting goods, and even with the best precautions in place, accidents and incidents can still occur. Carrier Liability Insurance helps to mitigate these risks by providing financial protection in the event of claims made by shippers or cargo owners for loss or damage to goods while in transit.
Inland Transit Insurance
Inland Transit Insurance provides coverage for businesses that transport goods within a country. This type of insurance protects businesses from financial losses resulting from loss or damage to goods while in transit, whether by road, rail, or inland waterway. Inland Transit Insurance can cover expenses such as salvage, general average contributions, and legal costs, offering businesses comprehensive protection against unforeseen risks.
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services@fcmbroker.com
PHONE NUMBER
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FAX NUMBER
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ADDRESS
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3 Ratchadaphisek Rd,
Bang Phong Phang, Yan Nawa, Bangkok 10120
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