Ship repairers Liability Insurance
Your Risk Adviser is an Australian based insurance brokerage, specialising in the provision of complete insurance solutions to businesses across both the general insurance and life insurance sectors.
To assist individuals and business' to understand what insurance policies are available and the industry traps to be aware of we have complied relevant information on a number of the most common insurance classes available.
Ship repairer's liability meant to cover-
Ship repairers' Liability provides coverage for those businesses who are involved in work on vessels.
Ship repairers' liability typically covers-
Ship repairers liability is designed to cover the liability of a business associated with working on or around vessels, in particular vessels exceeding 6 - 8m in length.
Working on or around vessels can provide a number of unique claim exposures, these can include the use and/or operation of non owned vessels, claims arising from lost income in the event of a claim by the owner, working over water and lifting and hard standing of vessels.
Considerations/Limitations to be aware of with ship repairers liability insurance
Ship repairers liability has very few policy exclusions, provided the business to be insured correctly advises the services it offers. The main two policy limitations are:
Should you have any further questions in relation to this class of insurance, or wish to learn more about the various other insurance policies available, please visit our website at www.yourriskadviser.com.au or alternatively call to speak to one of our qualified insurance advisers on 1300 815 344.
Your Risk adviser is an Authorized Representative of NAS Insurance Brokers AFS License No. 233750
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