COMMERCIAL VESSELS DIVISION

Introduction

The oldest form of insurance known to mankind is Maritime Insurance. The Ancient Greek Civilization developed a method of protecting assets when it became necessary to travel great distances for trade and exploration.

Today RMIG proudly traces it's antecedents to this noble history of marine insurance. Our Commercial Vessels Division has developed its expertise by understanding the ever-changing challenges and demands facing the marine industry.

A comprehensive range of policies has been arranged for many ships of different commercial purposes, either passenger or non-passenger vessels.

Recreational Diving

RMIG has developed a custom insurance program for non-affiliated dive operators and snorkel boats, which provide more cost effective coverage as rates are based on your loss experience, not those of an organization. This program does not require annual membership fees or policy administration fees.

Our easy-to-read policy language designed for the Dive Industry combines liability coverages and hull protections, which includes:

  • All Risks Coverage
  • Worldwide Navigation
  • Up to $1,000,000 for Bodily Injury and Property Damage
  • Up to $10,000 for Medical Payments
  • Payment of Fines for Damage to Reefs and Marine Environment
  • Hull and Machinery
  • Personal Effects and Equipments

Among the various services to our clients, we provide passenger release forms in six (6) different languages and Claims Assistance 24 hours a day.

Click here for the Dive Application

Other Passenger Vessels

Many other recreational marine activities are becoming very popular and more diversified. Passenger vessel companies of all sizes are developing businesses such as:

  • Excursion Charters
  • Dinner Cruise Vessels
  • Ferry Operations
  • Riverboat Casinos
  • Offshore Gaming Vessels

Designed for private and corporate events or general public sightseeing and dining, for transit, half-day or longer voyages, all these vessels require particular coverages. At RMIG, our Passenger Vessels experts will provide detailed attention for all insurance needs related to these activities, including:
  • Hull and Machinery
  • Equipment
  • Tender & Motor
  • Liability and Crew Liability
  • Personal Effects
  • Medical Payments
We begin with the basic coverages and can attach specific clauses and endorsements as required by your special operations.

Click here for the Commercial Vessel Application

Cargo Vessels

RMIG has arranged a comprehensive range of insurance policies, including supplementary and contingency coverages for ship owners, managers and charterers. Our team of specialists will recommend the scope of coverages that best complements your business:

  • Hull and Machinery
  • Protection & Indemnity
  • Excess Liability
  • Charterers Liability
  • Increased Hull Value
  • Ship's Mortgage
  • Loss of Hire
  • Crew Accident Policy
    
    
    
    
     

    | Dive Application |  | Commercial Vessel Application |
    | Transportation | | Aviation | | Marine Liability |
    | Yachts | | Business Insurance |

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    Royal Marine Insurance Group
    8300 Executive Center Drive Suite 102
    Miami, FL 33166
    Phone: 305-477-3755
    Fax: 305-477-3858
    Email: info@rmig.us

     

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