Marine Hull
Any vessel that floats and moves , whether a simple rowing boat or an ultra large tanker can be insured under Al Ahlia Insurance CO. SAOC's Marine Hull insurance. We also provide insurance cover for Pleasure Craft and Yacht.
Marine Hull Insurance
The types of insurances available are:
- a. Comprehensive Yacht Insurance Policy: It protects the insured vessel against all sea perils including liabilities towards third parties.
- b. Third Party Liability: It protects the insured for their legal liabilities in respect of claims made by third parties for bodily injury and property damage.
What is not covered
Fraudulent and / or malicious acts of management / crew War and radioactive causes
Basis of Sum Insured
Sum Insured depends on the type, age and trade of vessel, valuation of Vessel, its management and past claims experience.
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