Risks associated with owning and operating seagoing vessels and other marine crafts are numerous. Ship-owners and operators need protection against risks of physical damage to or loss of their vessel and from various liabilities that can arise by virtue of its ownership and operation. Hull insurance, therefore, is a must for owners and operators of ships and other marine crafts.
Hull insurance provides its owner with protection against financial losses resulting from damage to or loss of the vessel caused by an insured risk. It also provides protection against financial claims made against the owner of the vessel in the case of collision or contact with other vessel or objects..
Insurance covers can be obtained for ‘All Risks’ or ‘Restricted Cover’. The ‘Restricted Cover’ provides for coverage in respect of certain named risks only..
National Takaful Insurance Company K.S.C.C.
Al-Sour Street , Al-Tijaria Tower, 9th floor
P.O. Box 21149 Safat - 13072 Kuwait
Available 8:00am - 4:00pm