Marine Cargo Insurance provides protection to the Insured’s import or export cargoes against unforeseen and physical loss or damage arising from or caused by fire or explosion; vessel being stranded, grounded, sunk or capsized; overturning; collision; general average; jettison during sea transit. Protection against all risks can also be arranged for most cargoes.
Project Cargo Insurance protects the Insured against unforeseen and physical loss or damage, in respect to the import shipment of machineries, spare parts and its accessories for the purpose of plant or equipment setup/expansion, that arises from or caused by fire or explosion; vessel being stranded, grounded, sunk or capsized; overturning; collision; general average; jettison during sea transit. Protection against all risks is normally arranged for these cargoes.
Delay in Start Up Insurance will indemnify the Insured against loss of gross profit or standing charges and/or increased cost of working, including debt servicing costs as a result of a delay beyond the scheduled business commencement date caused by the loss or damage under Project Cargo Insurance.
*The period during which the results of the business are affected in consequence of the accident. This is the period in respect of which losses are indemnified under this policy.
Inland Transit Insurance will cover the Insured in respect of physical loss or destruction of or damage to the Insured Goods whilst in transit by registered road vehicles, rail, air or post within the territory of Thailand.
Pleasurecraft Insurance will indemnify the Insured against the risks of accidental loss of or damage to the Insured craft and all sums, including legal defense costs which the Insured become legally liable to pay for compensation for the loss of or damage to third party, in event of bodily injury and property damage.
The Personal Accident Benefit and the Medical Payment Benefit can also be extended under the policy.
Marina Operator Liability Insurance will indemnify the Insured for all sums, including legal defense costs which the Insured shall become legally liable to pay in respect of loss of or damage to any private pleasure or commercial watercraft and/or to third party property damage and death or bodily injury while in the Insured’s care, custody or control for the purpose of mooring, storing, caretaking including cleaning, hauling, fuelling, repairing and for the use of pontoons, walkways.