Marine Services Liability Insurance

Cargo loss, hull damage, storage accidents. The Marine industry faces a host of unique challenges whether your operations are based inland or at sea. Chubb’s Marine Services Liability package (MSL) offers comprehensive insurance solutions that protect your business against a range of liabilities – from personal injuries to third party damage, among others.

Coverage Highlights

Market Specialisation

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
  • Fuelling
  • Storage
  • Boating equipment
  • Cleaning
  • 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.

Coverage Summary:

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;
  • consequential losses;
  • 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. 

Benefits

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.

Related Products

Cargo Insurance

We draw upon our experienced underwriters to create bespoke solutions for a wide variety of shipping needs.

Our Cargo product is supported by an in-house risk management team of specialist surveyors and loss control advisers together with an experienced team of claims adjustors.

Cargo Insurance
Marine Hull & Specialty Insurance

Marine Hull & Specialty Insurance for the Commercial sector from Chubb, customisable specialist cargo products to tackle industry risk exposures

Marine Hull & Specialty Insurance

Related Article

Interested in this Chubb policy?

Have a question or need more information? Contact us to find out how we can help you get covered against potential risks