Hull & Machinery Insurance

The H&M insurance is the most essential class of marine insurance as it provides insurance cover for the interest in the value of the ship, based on the German or international conditions, as the case may be.

Insured are events like total loss, damage to hull, machinery, equipment and appurtenances plus general average contributions or damage to third party property. The basic conditions, such as the ADS (German General Rules of Marine Insurance) or DTV (German Transport Insurance Clauses) will be adjusted to the individual client’ s needs.