Marine Hull & Machinery Insurance

Marine Hull & Machinery Insurance covers all ocean going vessels including fishing trawlers and speed boats.

This policy covers all risks of physical loss or damage to the vessel while                                                  
• sailing or navigating with or without Pilots
• while on trial trips
• while towing and/or assisting any other vessels or craft in distress (provided not under a pre-arranged contract) or customary towage of the insured vessel in connection with loading and discharging operations.

The classes available are as follows:

  • Institute Fishing Vessel Clauses
  • Institute Yacht Clauses
  • Institute Time Clauses – Hulls
  • Institute Voyage Clauses – Hulls
  • Institute Time clauses Hull – Port Risks
  • Private Pleasure craft/speed boat policy

Who purchases this cover?

Corporate and Marine Business Owners.

Speak to an AIICO Staff or Agent today. You may also reach us via our website; www.aiicoplc.com. Contact us on aiicontact@aiicoplc.com.

About Us

AIICO Insurance Plc., is the leading life insurer in Nigeria.

Founded in 1963, AIICO provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers.