Chubb has a broad appetite to write a wide range of risks for contractors performing maintenance tasks commonly performed by a ship repairer.
Our target market also includes Marina operators who perform services on vessels including but not limited to the provision of:
- Berths and moorings
- Boating equipment
- Lifting/Carrying equipment
- Slipway operations
- Boating information
What it Covers
Chubb’s MSL Insurance protects your business from standard liability exposures, including legal liabilities for personal injury and third party property damage. It also incorporates Ship Repairers liability coverage for contractors that perform maintenance work and those involved in the manufacturing of marine vessels.
MSL Insurance covers liability for:
third-party personal injury;
damage to property including a vessel and vessel parts;
removal of wreck expenses resulting from property damage to a vessel;
damage to vessel machinery, parts or equipment removed ashore;
property damage to cargo on or discharged from vessels;
damage occurring during testing and commissioning – sea trials
Payment of defence costs related to liability covered by the policy.
This policy is designed to be an effective risk transfer solution for marina operators and contractors that will bridge the gap between General Liability cover and Ship Repairers cover required for standard clauses.