Service

KSA Hull·P&I

HOME> Service> KSA Hull·P&I> KSA Hull·P&I> Hull & Machinery facebook blog print

Hull & Machinery

Hull & Machinery covers damages or liabilities of ship owners
incurred as a result of marine accidents on insured ships according to terms and conditions.

Download Insurance Guide
 
 

Eligibility

Ships owned, managed and chartered by contracted members or government.

Terms and conditions

Coverage

Coverage : Terms and Conditions , Damages , Total Loss , Rescue expenses , Damage prevention expenses , General average , Particular average , Collision accidents (reimbursement, exclusive) 표입니다
Conditions Covered damages
Total Loss Rescue expenses Damage prevention expenses General average Particular average Collision accidents (reimbursement, exclusive)
TLO SC/SL ○ ○ ○ × × ○
FPL UNLESS ETC. ○ ○ ○ ○ △ ○
ITC(HULLS) ○ ○ ○ ○ ○ ○

※ Remark : ○(covered), ×(not covered), △(covered only for damages caused by stranding, sinking, fire, collision, explosion and contact with other objects)

Qualifications

Sort of conditions : Terms and conditions , Qualifications 표입니다
Conditions Qualifications
TLO SC/SL All ships (regardless of tonnage and classification)
FPL UNLESS ETC.FPL UNLESS ETC. All ships (regardless of tonnage and classification)
ITC(HULLS) Ships with classifications (regardless of age and tonnage)
or ships with tonnage over 500G/T and under 15 years age

Premium

Rate calculations

  • Ships under G/T 500 : rates set by authorized corporations or net rates set by chairman
  • Ships over G/T 500 : rates obtained authorized corporations or the basic rate set by chairman

Premium discount system

  • A variety of benefits with rate discount might provided due to the type of vessel, plural contracts, no-claim, fleet, lump-sum payment, etc.

Please contact your nearest headquarters and branch offices for purchasing or claiming.

Download the Terms and Conditions Download form