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Marine Surveyors Insurance
Cheers Insurance Brokers are specialist in arranging insurance for marine surveyors, naval architects, marine engineers and yacht brokers.
Yacht Surveyors undertaking surveys and valuations who act for their clients require Professional Indemnity Insurance to protect themselves from claims made for wrongful advice, errors and omissions.
In addition to professional indemnity insurance, public liability should also be arranged to cover injury to third parties or damage to third party property. This can usually either be added onto the existing professional indemnity policy or arranged as a separate policy along with Employers Liability if required.
With many years experience of arranging insurance for marine surveyors we know and understand the risks involved in this business sector and only deal with Underwriters that have policy wordings that can cater for this trade.
Key features of a Marine Surveyors Policy:
Professional Indemnity
- Various Limits of Indemnity available
- Aggregate or Any One Claim basis
- Low policy excesses
- Retroactive cover available
- Cover for past or previous activities
- Cover can be extended to include sub-contractors
Extensions of cover available (some are included automatically in some policies)
- Loss of Documents
- Dishonesty of Employees
- Liable and Slander
- Breach of Copyright
- Unintentional Breach of Confidence
- Claims involving pollution
Liabilities
- Public & Products Liability
- Employers Liability
