Hull & Machinery Insurance
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Hull & Machinery Insurance is fundamental protection of a vessel against damage. The vessel, including her machinery and equipment, is insured to her full value, and depending on the chosen cover.
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Marine insurance is a crucial aspect of risk management for shipowners and operators in the UAE, providing protection against a wide range of risks associated with the operation of ships and vessels. Two key types of marine insurance coverage are Hull and Machinery (H&M) Insurance and Protection and Indemnity (P&I) Insurance. Understanding the differences between […]