Marine Hull, Cargo & Builder's Risk

Marine Insurance Batam

Batam's position as a maritime hub makes reliable marine protection essential. Our marine insurance products safeguard your vessels, cargo, and maritime assets from the risks of the sea.

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Benefits & Coverage

What does this insurance policy cover?

🚢

Marine Hull Insurance

Comprehensive protection for a vessel's hull, engine, and navigation equipment against collision, grounding, fire, and sinking.

📦

Marine Cargo Insurance

Protection for goods and commodities during sea shipment, from the port of origin to the final destination, including loading and unloading.

🏗️

Builder's Risk (DSU)

Protection during vessel construction and repair at a shipyard, from keel laying through sea trials and delivery.

⚓

Protection & Indemnity (P&I)

Legal liability coverage for shipowners towards third parties, including crew, passengers, and environmental pollution.

🌊

War & Strikes Risk

Additional coverage against war risks, piracy, and strike action that may affect vessel operations.

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Total Loss & Salvage

Compensation for total vessel loss and salvage costs, including wreck removal expenses where required.

Policy Comparison

Choose the package that suits your needs

FeatureBasicStandardComprehensive
Physical Damage to Vessel / Cargo✅✅✅
Collision & Grounding Risk✅✅✅
Third-Party Liability❌Limited✅
War & Piracy Risk❌Optional✅
Salvage & Rescue Costs❌✅✅
Total Loss CoverageLimited✅✅

* Contact us for the best offer tailored to your needs

Frequently Asked Questions

Answers to commonly asked questions

What is the difference between Marine Hull and Marine Cargo Insurance?+
Marine Hull protects the physical vessel and its machinery, while Marine Cargo protects the goods or commodities being transported. The two can be held by different parties — the shipowner takes out Hull insurance, while the cargo owner takes out Cargo insurance.
Can fishing boats and speedboats be insured?+
Yes. In addition to commercial vessels and tankers, fishing boats, ferry boats, speedboats, and tourist vessels can all be insured. Premiums are calculated based on vessel type, age, and declared value.
Who needs marine cargo insurance?+
Exporters, importers, traders, and logistics companies shipping or receiving goods by sea are strongly advised to hold marine cargo insurance to protect the value of their shipments.
Is there insurance for vessels under construction?+
Yes. This product is called Builder's Risk or DSU (Delay in Start-Up). Shipyards and vessel owners commissioning new builds require this coverage from the start of construction.

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