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 covers your business against a range of liabilities.

Market Specialisation

Coverage highlights

Chubb has a broad appetite to write a wide range of risks for contractors performing maintenance tasks commonly performed by a ship repairer including vessel manufacturing.

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 provides cover for 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.

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.