![](https://pioneer.com.ph/wp-content/uploads/2022/05/1-marine-vessel.jpg)
Marine Vessel Insurance
Protects the owners against losses caused by damage or destruction of waterborne crafts:
- Hull & Machinery: Covers loss of damage to a ship, its machinery and equipment, usually in conjunction with third-party collision liability.
- Increased Values: Responds in the event of a total loss of a vessel as an extension to a ship’s Hull ...