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The insurance provides the businesses with coverage for Hull and Machinery of Vessels Operating both inland and overseas. Apart from the vessels of Five Star Shipping Company, we offer the marine insurance for the steel hull vessels and the wooden hull vessels. (We do not accept the insurance for the wooden hull vessels operating overseas.)

Benefits

Institute Time Clauses – Hull 1.10.83

Institute Voyage Clauses – Hulls 1.10.83

This insurance covers the loss of or damage to the insured vessel caused by the perils as stated in the above clauses. However, it is still subject to the exclusion in the clauses or elsewhere in the insurance policy.

Additional Cover
If you want to attach some kind of protection should be charged 0.50% additional on your premium for war, Strike, Malicious acts and Nuclear exclusion.