Maritime, Lake, and River Liability Insurance
Description and purpose
Maritime, lake, and river liability insurance is intended to provide liability coverage for ship operators and other entities involved in the transport of goods or passengers on navigable waters. These policies protect against compensation claims for material damages and bodily injuries sustained by third parties.
Maritime, lake, and river liability insurance is intended to provide liability coverage for ship operators and other entities involved in the transport of goods or passengers on navigable waters. These policies protect against compensation claims for material damages and bodily injuries sustained by third parties.
Target audience
Maritime, lake, and river transport companies, ship operators, and other entities in the water transport sector.
Maritime, lake, and river transport companies, ship operators, and other entities in the water transport sector.
Coverage and risks
- Material damages – caused to third parties, including other vessels, maritime structures, and land-based properties.
- Bodily injuries and death – damages caused to passengers, crew members, or other third parties.
- Accidental pollution – coverage for cleanup costs and compensation in cases of accidental environmental pollution.
Types and options
- Passenger transport insurance: covers liability toward passengers.
- Cargo transport insurance: protects against damages to transported goods.
- Passenger transport insurance: covers liability toward passengers.
- Cargo transport insurance: protects against damages to transported goods.
Benefits
Protection against compensation claims, reduced financial risks, and ensured continuity of water transport operations.
Protection against compensation claims, reduced financial risks, and ensured continuity of water transport operations.
