This provide cover to ship and cargo owners against fortuitous loss and liability arising out of risks associated with a marine adventure.
The following covers are avaliable:

• Hull- covers damage to ship and her equipment(both during construction and later while operating) as well as 3/4- collision liability.
• Cargo- covers damage to goods carried on board a ship , as well as prior to loading and after discharge and inter-modal carriage.
• Freight- covers the earnings of the freight and is effected by the person entitled to the freight i.e owner/chatterer.