|
MARINE LIABILITY DIVISION
|
Introduction
While RMIG has developed special "Insurance Coverages for
the Marine Industry", our team of experts will prepare an in depth evaluation and analyze the
most suitable coverages for your individual requirements such as:
- Comprehensive General Liability
- Product Liability
- Protection & Indemnity
- Excess Umbrella Liability
- Pollution Exposure
- Property Exposures (All Risk or Name Perils)
- Tools, Equipment and Lifts
- Business Interruption
In addition to these risks, there is a myriad of special endorsements
available for each type of operation.
Marina Operators
 "Marine Operators Legal Liability" (MOLL) coverage, provides for:
- Commercial watercraft
- Care, custody and control
- Trade Show coverage
while offering repairs, storage, mooring, docking, hauling, launching,
fueling and other transient services. The MOLL also covers liability for
loss or damage to vessels' machinery, equipment, accessories and property
of others at any insured location.
Boat Dealers and Brokers
 |
When in the business of selling yachts, your primary concern is to protect
your inventory of vessels, equipment, accessories and supplies. Our Boat
Dealer's policy protects your entire marine stock against All Risk of direct
physical loss or damage ashore or afloat. It applies to owned stock, new or
used, and boats owned by others that are on consignment or are being
examined or tested prior to trade-in, and includes coverage while navigating
under power. |
Ship Repair Yards
|
|
"Ship Repairs Legal Liability" (SRLL) covers damage to
vessels in your care, custody and control while in for repairs, alterations
and maintenance, and can be extended to include other repair operations or
endorsed to include coverage for death and personal injury.
|
Yacht Clubs
While usually accessible only to their members, Yacht Clubs face mostly the
same risk exposures as Marina Operators. RMIG provides all
the standard marine liability coverages and offer a Yacht Clubs program
which includes restaurants, bars, stores, pools, tennis courts and other
facilities.
Our mission is to bring you and your members, protection and security.
Port Authorities
Coverage is provided for claims made against
the insured as a result of the activities relating to a Port Authority including
other functions outside of the management of the facility, as required.
BASIC RISK INSURED
(LIABILITY):
Legal liability
to third parties in respect of death, bodily injury and p roperty
damage as a result of the
Insured’s activities.
Including:
-
Contractual Liability
-
Liability for
hire/lease of
plant and
equipment
-
Pollution Clean
up costs
-
Excess
Protection and Indemnity for owned vessels
-
Removal of
Wreck
-
Unregistered
vehicles
-
Port Blockage
(loss of revenue)
-
Contingent
Strikes (loss of revenue)
BASIC RISK INSURED
(PROPERTY):
Physical loss or damage to insured property.
Buildings & Contents
Docks, Wharfs, Berths, Quays, Jetties, and
Dolphins
Machinery and Handling equipment
Cranes and Fork Lifts
The above is a summary of
basic coverages only. It does not represent a policy offered by an Insurer.
Please contact our office to discuss your specific needs and all available
policies and ancillary coverages.
Stevedores and Terminal Operators
Coverage is provided for
claims made against the insured as a result of activities relating to a
Stevedore and/or Terminal Operator.
BASIC RISK
INSURED (LIABILITY)
-
General Third Party Bodily Injury and/or Property Damage
-
Contractual Liability, including indemnities given by the Assured in connection
with the hire/lease of
plant and equipment
-
Liability for Third Party Property arising out of the ownership or use by the
Assured of fork lift trucks,
tractors, spreader units etc.
-
Liability in respect of damage to cargo and/or containers
-
Errors and Omissions (extension)
BASIC RISK
INSURED (PROPERTY):
Physical loss or damage to
insured property.
-
Buildings
& Contents
-
Docks, Wharfs, Berths,
Quays, Jetties, and Dolphins
-
Cranes and Fork Lifts
The above is a summary of basic coverages only. It does not represent a
policy offered by an Insurer. Please contact our office to discuss your specific
needs and all available policies and ancillary coverages.
Ship Agents
Coverage is provided for
claims made against the insured as a result of activities relating to a Ship
Agent.
BASIC RISK
INSURED (LIABILITY):
Liability for:
BASIC RISK INSURED (PROPERTY):
Physical loss or damage to insured property.
The above is a
summary of basic coverages only. It does not represent a policy offered by
an Insurer. Please contact our office to discuss your specific needs and all
available policies and ancillary coverages.
Water sport Operations
|
|
Water sports
activities are extremely diversified and many more have developed
recently. All businesses associated with these activities face new risk
exposures and require specific insurance needs. Therefore, RMIG
has created a special program for operations such as:
|
- Boat Rentals
- Waterskiing Rentals
- Windsurfing Rentals
- Parasailing
- Kayaking Operations
|
- Jet Ski Rentals
- Waterskiing Schools
- Windsurfing Schools
- Sailing Schools
- Pontoon Schools
|
You will find our services unequaled which allows you to operate your
business in safety and security.
Builders Risk
As a vessel is constructed, the builder and owner can both have a substantial
amount invested before it is completed. Our "Builder Risk" covers that
investment during the construction process from the time the keel is laid
to the sea trials. The policy includes an escalation in value provision,
protection indemnity and extended strikes coverage.
| RMIG Insurance Group Home Page |
| Marine Liability Inquiry Form |
| Transportation |
| Commercial Vessels |
| Aviation |
| Yachts |
| Business Insurance |
|
