In contrast to the Marine Cargo, the Marine Hull provides cover against loss or damage to the physical boats, its machinery and the equipments. It covers all damage or loss not specifically excluded by the policy
COMMON EXCLUSIONS
Normal wear and tear
Insects
Marine life
some policies exclude machinery e.g; engines
Normally most policies have an excess
REQUIREMENTS
Duly completed proposal form
Location of the boat
Insured's ID and PIN
CLAIMS PROCESS
Notify the Insurer immediately theres is a loss
Provide the required claim documentation