Marine Engineers Insurance
Cheers Insurance Brokers are specialist in arranging insurance for marine engineers who work on all kinds of vessels from cabin cruisers to super yachts and also commercial vessels.
Marine Engineers require specialist insurance that is not always available from general insurance companies who do not understand the risks involved with the Marine Trade. For example the main cover that Marine Engineers will require is Public and Products Liability and “All Risks” cover on tools and equipment. If the company also employees staff then it is a legal requirement to have Employers Liability in place.
We can also arrange liability cover in isolation for mobile marine engineers who do not own their own premises. Many marinas and larger boatyards now insist on a minimum of £3,000,000 or £5,000,000 Public Liability cover before allowing marine engineers to undertake any work on their premises.
With many years experience of arranging insurance for the marine trade we know and understand the risks involved in this business sector and only deal with Underwriters that know the marine trade and are able to issue policies specifically designed for the marine trade.
Key features of a Marine Trade Policy for Marine Engineers:
Material Damage
- Buildings, Contents, Business Equipment, Stock
- Moulds, Tools, Plugs and Yard Plant
Marine
- Own Vessels
- Third Party Liability
Liabilities
- Public & Products Liability (Including Yacht Yard Indemnity)
- Employers Liability