Marine liabilities
From inclement weather to unpredictable catches, the marine industry presents a constantly changing array of challenges.
Liberty provides the specialized coverage you need to protect your investment, with Hull and Machinery, P&I, and Shipbuilders’ Risk insurance.
Vessel owners and other marine industry professionals rest easier knowing their ships are safely protected, whether on the water or at the dock. And with in-house marine industry specialists bringing underwriting, claims, and risk engineering expertise to every policy, it’s no wonder we’re a carrier of choice for the marine industry.
A protective partnership
Solutions for complex risks
Specialized needs demand specialized solutions. That’s why the world’s terminal operators, port authorities, ship repairers, , and other marine businesses rely on the highly specialized underwriting, claims and risk engineering services of Liberty Mutual Insurance.
Target
- Marine contractor (on/off shore)
- Port authority
- Ship repairer
- Stevedore
- Terminal operator
- Wharfinger
Policy highlights
- Comprehensive General Liability coverage, including product and completed operations for marine risks (MGL)
- Stand-alone marine liability for stevedores, wharfingers, ship repairers, and terminal operators
- Coverage is on occurrence basis
- Care, custody and control exposures
- Vessel exposures
- Flexible minimum premium
- Deductible/SIR structures
- Additional insured status of the named insured’s client where required by written contract
- Associated P&I coverage
- International coverage
Capacity
- Primary: $5M
- Excess: $20M
Our difference
- Streamlined application and policy form tailored specifically for marine clients
- In-house marine engineers
- Tailored coverage for multinational risks, including locally admitted policies
The materials herein are for informational purposes only. All statements made are subject to provisions, exclusions, conditions, and limitations of the applicable insurance policy. Any such case study, example, or illustration cannot guarantee you will achieve similar results or outcomes. Individual outcomes may vary based on your particular facts and circumstances, policy language, and applicable law. Coverages and features are not available in all provinces and territories. Eligibility is subject to meeting applicable underwriting criteria. Learn more about Liberty Mutual Canada, including our privacy policy, at libertymutualcanada.com or call us toll-free at 800-461-5079.
Liberty Mutual Canada is the registered business name under which the Canadian branch of Liberty Mutual Insurance Company operates in Canada. Coverage provided and underwritten by Liberty Mutual Insurance Company.
