Marine Insurance

Maritime Shipping Risks Insurance

There is no doubt that we live in an business world with undefined limits; and as the business horizons continue to expand, you are also increasingly exposed to the risks associated with the transportation of goods, and the biggest challenge is to find an appropriate risk management; so that you can move confidently towards the dream of expanding your business horizon.

Therefore, Aljazira Takaful will be able to help you overcome these situations and bring them under full control through the Maritime Shipping Risk Insurance Policy.

Main Coverages of the Maritime Shipping Risks Insurance Policy

• The Policy covers any accidental loss or damage to the goods described in the Policy’s table during its transfer between any two points; due to the risks stipulated in the Institute’s conditions.

Types of Marine Insurance Coverages:

• Marine.
• Air.
• Land; and it includes railways.
• Mail.

Marine Insurance Products:

• Maritime Transport – One Trip.
• Maritime Transport – Open Policy.
• Goods Transport Operators.

Pleasure Boats (Small Structures)

As the owner of a yacht, boat or jet ski, you need specialized insurance protection to cover the risks affecting the hull, machines, machinery, accessories or navigation equipment and devices; along with covering the liability for damages or losses that affect third party’s properties and lives.

Aljazira Takaful’s Pleasure Boats Risk Insurance Policy provides the widest comprehensive coverage that complies with the Yacht Insurance Institute’s conditions, which insures your yacht against all marine risks and unfortunate accidents at sea.

Main Coverages of the Pleasure Boats Insurance Policy (Small Structures)

• Comprehensive insurance coverage for damage or loss of the pleasure boat.
• Third-party liability coverage and it includes physical injuries, death, and rubble removal.
• Litigation expenses.

Additional Benefits of the Pleasure Boats Insurance Policy (Small Structures)

Coverage can be extended to include external engine failures, liability to and from water skiers, personal belongings, any other machinery on the boat (engines and communications equipment), and medical expenses.