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To stay afloat, businesses that operate commercial watercraft, run a marina, repair vessels and ship goods internationally must be protected from unforeseen events and risks during voyages.
Any kind of damage, loss or theft of cargo under your watch can bring financial consequences and negatively affect your reputation as a business.
When not addressed promptly, damages to the hull, machinery and entire vessels can also disrupt daily operations and endanger the lives of everyone aboard.
This is why getting Marine Transit Insurance is crucial - it covers your unexpected expenses, liabilities and losses as you navigate over long distances.
Your business is exposed to risks from mother nature, misadventure and even piracy that can cause delays or penalties on your end.
Marine Transport Insurance safeguards you from accidents and unforeseen events, helping you ensure that your commercial vessel, cargo or truck will safely reach its intended destination.
Here’s why you should consider getting Marine Transit Insurance:
Protect your financial interests
Replacing damaged or lost goods can be expensive, in the same way that repairing the physical hull and vessel equipment can also cost a lot for your ship business. Marine Transit Insurance helps protect your balance sheets and cash flows by providing the compensation you need.
Maintain compliance
Marine Transit Insurance enables you to easily transact with third parties as most international trade contracts and agreements nowadays require insurance before allowing you to do business.
Gain peace of mind
Equipped with Marine Transit Insurance, you can focus on streamlining your core operations without having to stress about potential financial losses due to theft, accidents, natural disasters and events that are beyond your control.
Navigating the insurance landscape can be time-consuming and overwhelming.
With new emerging risks across each industry, the available insurance options in the market keep on growing. It can also be confusing dealing with various insurance providers and comparing quotes on your own.
But at GIBA, we make this really simple and straightforward for you.
Using our decades of experience, in-depth knowledge of insurance and strong broker network, trust us to bring the most suitable insurance for marine transport and hull.
Our team of Marine Transport and Hull insurance brokers search the market to find insurance solutions that cover:
- Commercial Vessels
- Marine Trades Liability
- Marina Operators Liability
- Marine Cargo & Transit
- Marine Pleasure Craft
Each insurance policy from a specific provider varies in terms and inclusions.
This is why, at GIBA, we take the time to assess your needs, goals and risks so that we can find the perfect coverage for your unique circumstances.
As always, our goal is to reassure you despite all the threats, uncertainties and risks that come with operating your ship business.
Want more bespoke insurance?
At GIBA, we find the ideal insurance solutions for your unique business situation.
You’re just one call away from getting the insurance your business deserves.
Don’t let any kind of risk be your downfall.
Let’s make business insurance a smart investment.
At GIBA, we enable you to understand all of your insurance options so that you can choose the best business insurance solution that will protect your business’ success from threats, liabilities and financial losses.
Reach out to us today – we’re here to listen to you and then discuss your specific insurance needs.
Reach out to us today – we’re here to listen to you and then discuss your specific insurance needs.